Financial accounting 16th Edition by Jan Williams,Susan Haka,Mark Bettner ,Joseph Carcello

تمرين 57

The accounting staff of Lambert Company has assembled the following information for the year ended December 31, 2015:

Instructions
Prepare a statement of cash flows in the format illustrated in Exhibit 13-1.lace brackets around amounts representing cash outflows.se the direct method of reporting cash flows from operating activities.
Some of the items above will be listed in your statement without change.owever, you will have to combine certain given information to compute the amounts of (1) collections from customers, (2) cash paid to suppliers and employees, and (3) proceeds from sales of plant assets.Hint: Not every item listed is used in preparing a statement of cash flows.)