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Homework help Need help with statement of cash flow indirect method.?


So Im doing my statement of cash flow the indirect method.

My AR at beginning was $263840 and my Allowance for Doubtful was $880.

At year end my AR was $268280 and my Allowance for Doubtfull was $156841

So what would the increase/decrease be to my AR.

538 day(s) ago

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mike11 		Are you sure about the year end balance of Allowance for doubtful debts. The figure seems ridiculous.

However, increase in the allowance account will be deducted from the income before interest and taxes. Increase in accounts receivable 4,440 will appear as changes in working capital. Please note that if there are any actual bad debts written off, the amount will also be considered.

Posted 538 days ago

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Question Title Homework help Need help with statement of cash flow indirect method.?
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