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ACC230 CHAPTER 4 Statement of Cash Flows 141 Understanding

ACC230 CHAPTER 4 Statement of Cash Flows 141 Understanding - Little bit INC

Complete Problem 4.5 on p. 141 (Ch. 4). Refer to Exhibit 4.1 on p. 118 (Ch. 4) to create your statement of cash flows. Submit your completed statement of cash flows and a 200- to 300-word analysis of the statement 4.5.

SOLUTION PREVIEW
Statement of cash flows (Indirect method)
Little Bit Inc.
Particulars
Amount
Amount
Cash flows from operating activities:
Net Income Before Interest and taxes
8,300
Add depreciation
18,000