Question : 151. On the basis of the following data for Larson Co. : 1239359
151. On the basis of the following data for Larson Co. for the year ending December 31, 2011 and the preceding year ended December 31, 2010, prepare a statement of cash flows. Use the indirect method of reporting cash flows from operating activities. In addition to the balance sheet data, assume that:Equipment costing $125,000 was purchased for cash. Equipment costing $85,000 with accumulated depreciation of […]