Solution-Operating activities section of its statement of

Operating activities section of its statement of cash flows

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In the current year, Harrisburg Corporation had net income of $35,000, a $9,000 decrease in accounts receivable, a $7,000 increase in inventory, an $8,000 increase in salaries payable, a $13,000 decrease in accounts payable, and $10,000 in depreciation expense

Using the indirect method, prepare the operating activities section of its statement of cash flows based on this information.

Reference no: EM13867039

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Operating activities section of its statement of cash flows

Reference no: EM13867039

Reference no: EM13867039

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