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Homework answers / question archive / the accounting records of the Wilderness Trading Post Company include these accounts: (Click the icon to view the accounts

the accounting records of the Wilderness Trading Post Company include these accounts: (Click the icon to view the accounts

Accounting

the accounting records of the Wilderness Trading Post Company include these accounts: (Click the icon to view the accounts.) tequirement 1. Prepare the company's net cash provided by (used for) operating activities section of the statement of cash flows for the month of January. Use the Indirect method. Do you see any potential problems in the company's cash fi from operations? How can you tell? i Data Table Segin by completing the cash flows from operating acti Cash flows from operating activities: Cash Accounts Receivable Inventory Adjustment to reconcile net income to Jan 1 100,000 Jan 1 1,000 Jan 1 3,000 net cash provided by (used for) operating activitie Receipts 460,000 Payments 445,000 Credil sales 540,000 Collections 440.000 Purchases 438,000|Cost of Sales 336,000 Jan 31 115,000 Jan 31 101,000 Jan 31 105,000 Equipment Accumulated Deprec.-Equipment Accounts Payable Jan 1 180,000 Jan 1 52,000 Jan 1 11,000 12,000 Depreciation 329,000 Purchases 438,000 Acquisition Jan 31 8,000 Payments 58,000 Net cash provided by (used for) operating| 192,000 Jan 31 Jan 31 120,000 Accrued Liabilities Retained Earnings hoose from any list or enter any number in the inpu Jan 1 63,000 Jan 1 34,000 Accruals Payments 15,000 Quarterly 31,000 Dividend 12,000 18,000 Net Income 10,000 part remaining Jan 31 Jan 31 55,000

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