Now that you have prepared the adjusting and closing entries, Smith Manufacturing, Inc. has asked that you prepare a classified Balance Sheet, a multiplestep Income Statement, and Cash Flow Statement using the indirect method.
Use your ending numbers from last week’s assignment. The prioryear trial balance was included in a separate tab in the spreadsheet you downloaded last week. You will need these numbers to prepare the Statement of Cash Flows.
Prepare your financial statements in Excel.
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