Question : 21) The records of Ashley Boutique showed Net Loss, $25,000; : 1177296
21) The records of Ashley Boutique showed Net Loss, $25,000; Depreciation Expense, $35,000; and increase in Supplies on Hand, $8,000. The amount of Net Cash Flow from Operating Activities using the indirect method is: A) $18,000. B) $ 2,000. C) ($18,000). D) ($2,000). 22) Accounts Receivable amounted to $215,000 at the beginning of the year and $245,000 at the end of the year. […]