Selected information from Sandhill Ltd.'s statement of financial position and statement of
income is as follows:
Additional information: 1. The bank loan was received in the past to finance the purchase of
equipment. 2. Operating expenses included depreciation expense of $11,600 and a loss of $5,400
on the disposal of equipment.
Prepare the operating activities section of the statement of cash flows, using the indirect method.
(Show amounts that decrease cash low with either a-sign e.g. - 15,000 or in parenthesis eg.
(15,000)..
Selected information from Sandhill Ltd.s statement of financ.pdf
1. Selected information from Sandhill Ltd.'s statement of financial position and statement of
income is as follows:
Additional information: 1. The bank loan was received in the past to finance the purchase of
equipment. 2. Operating expenses included depreciation expense of $11,600 and a loss of $5,400
on the disposal of equipment.
Prepare the operating activities section of the statement of cash flows, using the indirect method.
(Show amounts that decrease cash low with either a-sign e.g. - 15,000 or in parenthesis eg.
(15,000).
