Problem A Algo Classify items and prepare the statement of cash flows LO
Seth Erkenbeck, a recent college graduate, has just completed the basic format to be used in preparing the statement of cash flows
indirect method for ATM Software Developers. All amounts are in thousands s
ATM SOFTWARE DEVELOPERS
Statement of Cash Flows
For the Year Ended December
Cash Flows from Operating Activities
Net income
Adjustments to reconcile net income to net cash flows from operating activities:
Net cash flows from operating activities
Cash Flows from Investing Activities
Net cash flows from investing activities
Cash Flows from Financing Activities
Net cash flows from financing activities
Net increase decrease in cash
Cash at the beginning of the period
Cash at the end of the period
Listed below in random order are line items to be included in the statement of cash flows.
Required:
Prepare the statement of cash flows for ATM Software Developers using the indirect method. Amounts to be deducted, cash
outflows, and any decrease in cash should be indicated with a minus sign. Enter your answers in thousands ie
should be entered as