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Additional Information on Current-Year Transactions Additional Information on Current-Year Transactions a. No dividends are declared...

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Accounting

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Additional Information on Current-Year Transactions Additional Information on Current-Year Transactions a. No dividends are declared or paid. b. Issued additional stock for $12,800 cash. c. Purchased equipment for cash; no equipment was sold. 1. Use the above information to prepare a statement of cash flows for the current year using the indirect method. Note: Amounts to be deducted should be indicated by a minus sign. \begin{tabular}{|l|l|} \hline Adjustments to reconcle net income to net cash used in operating activities: \\ \hline Income statement items not affecting cash \\ \hline Changes in current operating assets and liabilitios & \\ \hline & \\ \hline & \\ \hline Cash flows from investing activities & \\ \hline & \\ \hline Cash flows from financing activities & \\ \hline \end{tabular}

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