(Appendix 21.1) Visual Inspection The following changes in account balances were taken from Walson Company’s adjusted trial balance at the end of 2019:
In addition, the following information was obtained from the company’s records:
Required:
Using visual inspection and the direct method, prepare Walson’s 2019 statement of cash flows. (A separate schedule reconciling net income to cash provided by operating activities is not necessary.)
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