Preparing the statement of cash flows-indirect method Accountants for Johnson, Inc., have assembled the following data for the year ended December 31, 2012: 11eb8258_957b_e6e7_bb02_95b3c9198a1e_SM1625_00 11eb8258_957b_e6e8_bb02_5d7f49766607_SM1625_00 Requirement 1. Prepare Johnson's statement of cash flows using the indirect method. Include an accompanying schedule of noncash investing and financing activities.

Financial & Managerial Accounting 3rd Edition by Charles Horngren,Harrison, Walter,Suzanne Oliver

Edition 3ISBN: 978-0132962339

Financial & Managerial Accounting 3rd Edition by Charles Horngren,Harrison, Walter,Suzanne Oliver

Edition 3ISBN: 978-0132962339

Exercise 39

Preparing the statement of cash flows-indirect method
Accountants for Johnson, Inc., have assembled the following data for the year ended December 31, 2012:

Requirement
1. Prepare Johnson's statement of cash flows using the indirect method. Include an accompanying schedule of noncash investing and financing activities.

Explanation

Verified

Before we prepare the statement of cas...