QUESTION 6 The current section of Yawn Ltd's statement of financial position at 30 June...
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Accounting
QUESTION 6 The current section of Yawn Ltd's statement of financial position at 30 June 2016 is presented below. 2016 2015 $ $ Current assets Cash 103,500 99,300 Accounts receivable 117,900 88,800 Inventory 158,800 184,500 Prepaid expenses 26,400 22,600 Total current assets 406,600 395,200 Current liabilities Accounts payable Accrued expenses payable Total current liabilities 86,800 15,000 101,800 91,300 5,100 96,400 Other information 1. Profit for the year ended 30 June 2016 was $148,400. 2. Depreciation expense was $18,500. Required Prepare the net cash provided by the operating activities section of Yawn's statement of cash flows for the year ending 30 June 2016, using the indirect method
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