STATEMENT OF CASH FLOWS UNDER THE DIRECT METHOD Using the information provided in Problem 23-12B for McGinnis

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STATEMENT OF CASH FLOWS UNDER THE DIRECT METHOD Using the information provided in Problem 23-12B for McGinnis Company, prepare the following:

1. A schedule for the calculation of cash generated from operating activities for McGinnis Company for the year ended December 31, 20-2.

2. A statement of cash flows for McGinnis Company prepared under the direct method for the year ended December 31, 20-2.

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College Accounting

ISBN: 978-0538745192

20th Edition

Authors: Heintz and Parry

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Question Posted: Dec 23, 2011 08:55 AM

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STATEMENT OF CASH FLOWS UNDER THE DIRECT METHOD Using the information provided in Problem 23-12B for McGinnis

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1 1 The decrease in accounts receivable increased the amount of cash received ...View the full answer

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