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Home Q & A Board Other Fields Homework Help Business Accounting
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tweb28 tweb28
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A year ago
The following information was gathered from Burton Company's financial records:

Net income$45,000
Depreciation expense18,000
Beginning cash balance12,000
Increase in accounts receivable6,000
Decrease in inventory8,000
Increase in accounts payable5,000
Decrease in accrued liabilities3,000
Repayment of bank loan15,000
Purchase of equipment26,000

Required:

Using the indirect method, prepare a statement of cash flows for Burton Company.
Textbook 
Managerial Accounting

Managerial Accounting


Edition: 4th
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zexman911zexman911
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A year ago
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tweb28 Author
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A year ago
You make an excellent tutor!
aznzergs
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Yesterday
Thanks for your help!!
hpascoe
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2 hours ago
Brilliant ツ
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