don't give answer in image format www.gAccounts PayableSalaries and WagesPayable,144750675975 1,150Net IncomeAdjustments to Reconcile Net Income to NetCash Provided by Operating ActivitiesDepreciation ExpenseChanges in Assets and LiabilitiesAccounts PayableSalaries and Wages PayableInventoryAccounts ReceivableShow the operating activities section of the statement of cash flindirect method. (Amounts to be deducted should be indicated136Net Cash Provided by Operating Activities850325Case A9204001,000Case B1,250$1,000 $1,250 The two independent cases are listed below:Sales RevenueCost of Goods SoldGross ProfitDepreciation ExpenseSalaries and WagesExpenseNet IncomeAccounts ReceivableInventoryAccounts PayableSalaries and WagesPayableCase AYear 2$10,5005,550Case BYear 1Year 2 Year 1$ 6,500 $20,500 $15,5003,5003,0004,9501,000 1,0002,0008,9501,2501,500 4,5001,950500 3,200275350700725450705750675850975 1,15032511,550 9,050Net IncomeAdjustments to Reconcile Net Income to NetCash Provided by Operating ActivitiesDanrarialinn EvnenceShow the operating activities section of the statement of cash flows for yearindirect method. (Amounts to be deducted should be Indicated with a minusCase A6,4501,2504,5007005757509204001000Case B1 250:

CASH FLOW STATEMENTCash flow statement provides additional information to user of financial…

***J Accounts Payable Salaries and Wages Payable. 744 154 750 675 975 1,150 Net Income Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities Depreciation Expense Inventory Accounts Receivable Show the operating activities section of the statement of cash fl indirect method. (Amounts to be deducted should be indicated Changes in Assets and Liabilities Accounts Payable Salaries and Wages Payable 850 325 Net Cash Provided by Operating Activities Case A 1,000 734 920 400 Case B 1,250 $1,000 $1,250

***J Accounts Payable Salaries and Wages Payable. 744 154 750 675 975 1,150 Net Income Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities Depreciation Expense Inventory Accounts Receivable Show the operating activities section of the statement of cash fl indirect method. (Amounts to be deducted should be indicated Changes in Assets and Liabilities Accounts Payable Salaries and Wages Payable 850 325 Net Cash Provided by Operating Activities Case A 1,000 734 920 400 Case B 1,250 $1,000 $1,250

College Accounting (Book Only): A Career Approach

13th Edition

ISBN:9781337280570

Author:Scott, Cathy J.

Publisher:Scott, Cathy J.

Chapter12: Financial Statements, Closing Entries, And Reversing Entries

Section: Chapter Questions

Problem 3E: Identify each of the following items relating to sections of an income statement as Revenue from...

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