(Solution) - Refer to all of the facts in Problem 12 9 Required 1 Prepare -(2025 Original AI-Free Solution)

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Academic Level: Undergrad. (yrs 3-4)

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Refer to all of the facts in Problem 12-9.
Required
1. Prepare a balance sheet at December 31, 2012.
2. Using the format in the chapter's appendix, prepare a statement of cash flows work sheet.
3. Prepare a statement of cash flows for 2012 using the indirect method in the Operating Activities section.
4. Provide a possible explanation as to why Terrier decided to issue additional bonds for cash during 2012.