Preparing the statement of cash flows-indirect method This exercise continues the Lawlor Lawn Service, Inc., situation from Exercise 13-36 of Chapter 13. Refer to the comparative balance sheet for Lawlor Lawn Service. 11eb8258_957d_93c5_bb02_678a5703b41b_SM1625_00 Requirement 1. Prepare the statement of cash flows using the indirect method. Assume no dividends were declared or paid during the year.

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 3

Preparing the statement of cash flows-indirect method
This exercise continues the Lawlor Lawn Service, Inc., situation from Exercise 13-36 of Chapter 13. Refer to the comparative balance sheet for Lawlor Lawn Service.

Requirement
1. Prepare the statement of cash flows using the indirect method. Assume no dividends were declared or paid during the year.

Explanation

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Let us assume that there were no dividen...