Prepare the statement of cash flows of Company A for the year ended December 31, 2021, using the direct method. Use the additional information from the accounting records below. You may omit the schedule to reconcile net income to cash flows from operating activities.
Cash Flow Statement Background and Directions The comparative balance sheets (2021, 2020) and the income statement (2021) for Company A are shown in the spreadsheet. Use this assignment’s Excel template for completing these tasks. Information for each task is given on the template in the Instructions tab. Use the correct Excel formulas in the cells […]