Please do not give solution in image format thanku Part E: Preparing Statement of Cash FlowsBoscia Corporation's balance sheet appears below:Comparative Balance SheetAssets:Cash and cash equivalents.Accounts receivableInventoryPlant and equipment.Accumulated depreciation.Total assets.Liabilities and stockholders' equity:Accounts payable...Wages payable..Taxes payable.Bonds payable.Deferred taxes..Common stock.......Retained earnings..Total liabilities and stockholders' equity ..EndingBalance$448271537(240)$494$ 7024192261922114$494BeginningBalance$386969500(201)$475$ 602122300182034$475The net income for the year was $108. Cash dividends were $28.Required:Prepare a statement of cash flows in good form using the indirect method.

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Description: Please do not give solution in image format thanku Part E: Preparing Statement of Cash FlowsBoscia Corporation's balance sheet appears below:Comparative Balance SheetAssets:Cash and cash equivalents.Accounts receivableInventoryPlant and equipment.Acc

Preparation of statement of cash flow are as follows

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Accounting

Part E: Preparing Statement of Cash Flows Boscia Corporation's balance sheet appears below: Comparative Balance Sheet Assets: Cash and cash equivalents.. Accounts receivable....... Ending Beginning Balance Balance $44 82 $38 69

Part E: Preparing Statement of Cash Flows Boscia Corporation's balance sheet appears below: Comparative Balance Sheet Assets: Cash and cash equivalents.. Accounts receivable....... Ending Beginning Balance Balance $44 82 $38 69

Financial And Managerial Accounting

15th Edition

ISBN:9781337902663

Author:WARREN, Carl S.

Publisher:WARREN, Carl S.

Chapter13: Statement Of Cash Flows

Section: Chapter Questions

Problem 3PB: Statement of cash flowsindirect method The comparative balance sheet of Coulson, Inc. at December...

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