Statement of cash flows using a work sheet

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Statement of Cash Flows Using a Work Sheet-Indirect Method (Appendix)

Refer to all of the facts in Problem 12-9.

Required

1. Prepare a balance sheet at December 31, 2014.

2. Using the format in the chapter's appendix, prepare a statement of cash flows work sheet.

3. Prepare a statement of cash flows for 2014 using the indirect method in the Operating Activities section.

4. Provide a possible explanation as to why Terrier decided to issue additional bonds for cash during 2014.

Reference no: EM13953189

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