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The Income Statement and Comparative Balance Sheets for SSS Company

Question 26

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The income statement and comparative balance sheets for SSS Company are presented below:
The income statement and comparative balance sheets for SSS Company are presented below: Total liabilities and Required: Prepare a statement of cash flows using the indirect method for the year ended December 31,2015.No land was sold in 2015.Land was purchased using bonds payable for $8,000 and cash for $2,000.A fixed asset was sold in 2015 for $4,100. The income statement and comparative balance sheets for SSS Company are presented below: Total liabilities and Required: Prepare a statement of cash flows using the indirect method for the year ended December 31,2015.No land was sold in 2015.Land was purchased using bonds payable for $8,000 and cash for $2,000.A fixed asset was sold in 2015 for $4,100. The income statement and comparative balance sheets for SSS Company are presented below: Total liabilities and Required: Prepare a statement of cash flows using the indirect method for the year ended December 31,2015.No land was sold in 2015.Land was purchased using bonds payable for $8,000 and cash for $2,000.A fixed asset was sold in 2015 for $4,100. Total liabilities and
The income statement and comparative balance sheets for SSS Company are presented below: Total liabilities and Required: Prepare a statement of cash flows using the indirect method for the year ended December 31,2015.No land was sold in 2015.Land was purchased using bonds payable for $8,000 and cash for $2,000.A fixed asset was sold in 2015 for $4,100. Required:
Prepare a statement of cash flows using the indirect method for the year ended December 31,2015.No land was sold in 2015.Land was purchased using bonds payable for $8,000 and cash for $2,000.A fixed asset was sold in 2015 for $4,100.

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