This topic contains a solution. Click here to go to the answer

Author Question: The following balances were gathered from Brannon Corporation's general ledger.December 31, ... (Read 54 times)

jrobl3

  • Full Member
  • ***
  • Posts: 167
The following balances were gathered from Brannon Corporation's general ledger.

December 31, 2020December 31, 2021
Accounts receivable$  60,000$  62,000
Inventory150,000147,000
Accounts payable42,00034,000
Accrued liabilities2,0008,000
Income taxes payable2,0003,000
Sales380,000
Cost of goods sold210,000
Operating expenses (includes $5,000 depreciation)82,000
Gain on sale of equipment6,000
Income tax expense17,000
Required:

Using the indirect method, prepare the cash flows provided by operating activities section of Brannon's statement of cash flows for 2021.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by jrobl3 on Feb 5, 2023

reactx

  • Full Member
  • ***
  • Posts: 162
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 29% of students answer this correctly




jrobl3

  • Member
  • Posts: 167
Reply 2 on: Feb 5, 2023
Wow, this really help


jamesnevil303

  • Member
  • Posts: 337
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

There are actually 60 minerals, 16 vitamins, 12 essential amino acids, and three essential fatty acids that your body needs every day.

Did you know?

Normal urine is sterile. It contains fluids, salts, and waste products. It is free of bacteria, viruses, and fungi.

Did you know?

In inpatient settings, adverse drug events account for an estimated one in three of all hospital adverse events. They affect approximately 2 million hospital stays every year, and prolong hospital stays by between one and five days.

Did you know?

According to the FDA, adverse drug events harmed or killed approximately 1,200,000 people in the United States in the year 2015.

Did you know?

When intravenous medications are involved in adverse drug events, their harmful effects may occur more rapidly, and be more severe than errors with oral medications. This is due to the direct administration into the bloodstream.

For a complete list of videos, visit our video library