Textbook Notes (280,000)
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ACC 110 (60)
Chapter 5

ACC 110 Chapter Notes - Chapter 5: Accounts Receivable, Net Income, Netbook


Department
Accounting
Course Code
ACC 110
Professor
Cheryl Dyson
Chapter
5

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Yahk Ltd
Cash Flow
Year 2015
Net income 57000
Add: Depreciation +70000
Deduct: Gain -33000
Working Capital (Subtract the current year to the previous year. Calculate the
amount it increase or decrease by)
Increase in A/r -10000
Increase in Inventory -27000
Decrease in Prepaids +8000
Decrease in A/p -40500
Increase in Wages payable +8500
Decrease in Taxes payable -10000
Increase in Interest payable +10250
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