Advanced Statement of Cash Flows (Indirect Method)

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She made it more easier than all these highly subscribed YouTubers

allan
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I rarely comment but your video helped me a LOT. Thank you so much! Really help me as an IT person with no accounting background

mutiaarum
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Wow! I can’t believe you’re still uploading!! Good job your videos are amazing!

mcstripey
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Just curious about Office Supplies. I understand they are a current asset and reductions of current assets are treated as a source of cash in cashflow statements. This is clearly so when you consider inventory which brings in cash when a portion is sold (reduced), or receivables which bring in cash when debtors pay (reduced). Therefore in reality, doesn't a reduction in office supplies mean they were consumed resulting in an outflow of money? Please explain the logic behind a reduction of office supplies resulting in an inflow of cash.

HellenofTroy
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Isn’t the additional common stock should be 52, 000 increased?

davarafael_ka