(SCF-Indirect Method) Condensed financial data of Pat Metheny Company for 2008 and 2007 are presented below

ACC 421 Week 5

Exercise 23-11 (E23-11) (SCF-Indirect Method) Condensed financial data of Pat Metheny Company for 2008 and 2007 are presented below

AND SO ON

Additional information:
During the year, $70 of common stock was issued in exchange for plant assets. No plant assets were sold in 2008.

Instructions
Prepare a statement of cash flows using the indirect method.

Click here for the solution: (SCF-Indirect Method) Condensed financial data of Pat Metheny Company for 2008 and 2007 are presented below

ACC 421 Week 5 (SCF-Direct Method) Data for Pat Metheny Company are presented in E23-11

ACC 421 Week 5

Exercise 23-12 (E23-12) (SCF-Direct Method) Data for Pat Metheny Company are presented in E23-11.

Instructions
Prepare a statement of cash flows using the direct method. (Do not prepare a reconciliation schedule.)

Click here for the solution: ACC 421 Week 5 (SCF-Direct Method) Data for Pat Metheny Company are presented in E23-11