Zumbrunn Company's income statement contained the condensed information below.
Accounts payable pertain to operating expenses.
Instructions
Prepare the operating activities section of the statement of cash flows using the indirect method.
Solution
Zumbrunn Company
Statement of Cash Flows - Indirect Method (Partial)
For the Year Ended December 31, 2020
Statement of Cash Flows - Indirect Method (Partial)
For the Year Ended December 31, 2020
