USA Statement of Cash Flows

Joined
Mar 29, 2014
Messages
2
Reaction score
0
Hi,

I´m working on a statement of cash flows and I struggle in solving it. I would appreciate any help. I never come up with the net cash increase of $1243. I´m sure I do any mistake in the retained earnings section, but I´m not sure what I have to do. You can find 2 attachments, the given information and the spreadsheet I have worked out so far.

We are using the indirect Method by the way.

Thanks for any quick help!!
 

Attachments

Triest123

VIP Member
Joined
Feb 12, 2012
Messages
269
Reaction score
51
Hi,

I´m working on a statement of cash flows and I struggle in solving it. I would appreciate any help. I never come up with the net cash increase of $1243. I´m sure I do any mistake in the retained earnings section, but I´m not sure what I have to do. You can find 2 attachments, the given information and the spreadsheet I have worked out so far.

We are using the indirect Method by the way.

Thanks for any quick help!!
=> Change in long term note payable is (650-475) = 175
you're just making a typing error only .
 

Ask a Question

Want to reply to this thread or ask your own question?

You'll need to choose a username for the site, which only take a couple of moments. After that, you can post your question and our members will help you out.

Ask a Question

Members online

No members online now.

Forum statistics

Threads
11,644
Messages
27,600
Members
21,404
Latest member
Data analytics classes

Latest Threads

Top