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Avatar Company Uses the Indirect Method to Prepare Its Statement

Question 97

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Avatar Company uses the indirect method to prepare its statement of cash flows. Using the worksheet shown below, please enter the adjustments needed to record the following transactions:
.Purchased treasury stock for $3,000.
. Paid dividends of $10,000. Avatar Company uses the indirect method to prepare its statement of cash flows. Using the worksheet shown below, please enter the adjustments needed to record the following transactions: .Purchased treasury stock for $3,000. . Paid dividends of $10,000.

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