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Prepare a statement of cash flows using the indirect method

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Reference no: EM132222250

Question - Given a comparative balance sheet and income statement for joony, Inc. in attached file.

Additional information

  • Operating expenses includes $6,000 of depreciation expense.
  • Hint: Cash dividends can be determined by reconciling the change in retained earnings. See the Example on pages 645 -646 in chapter14.

Instructions - For the year ended 2018, prepare a statement of cash flows using the indirect method.

Attachment:- Assignment File.rar

Reference no: EM132222250

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