Concept explainers
Technology Solutions’ format for the statement of
TECHNOLOGY SOLUTIONS Statement of Cash Flows For the year ended December 31, 2018 |
|
Cash at the beginning of the period | $$$ |
Cash at the end of the period | S$$ |
Net increase (decrease) in cash | $$$ |
Cash Flows from Financing Activities List of Net cash flows from financing activities |
$$$ |
Noncash Activities List of noncash transactions |
$$$ |
Cash Flows from Investing Activities List of cash inflows and outflows from investing activities Net cash flows from investing activities |
$$$ |
Cash Flows from Operating Activities List of items adjusting net income to operating cash flows Adjustments to reconcile net income to net cash flows from operating activities Net income Net cash flows from operating activities |
$$$ |
Required:
Prepare a correct format for Technology Solutions to use in preparing the statement of cash flows.
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