Rocky Shoe Company has the following information in its Cash T-account for August: (a) Paid employees, $4,500

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Rocky Shoe Company has the following information in its Cash T-account for August:

(a) Paid employees, $4,500

(b) Paid suppliers, $2,000

(c) Made cash sales of $12,000

(d) Collected $800 interest

(e) Paid $500 interest

(f) | Collected $5,000 of accounts receivable Required: Prepare the cash flows from operating activities section of Rocky Shoe Company’s cash flow statement for August.  plo47

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Accounting Information For Business Decisions

ISBN: 9780030224294

1st Edition

Authors: Billie Cunningham, Loren A. Nikolai, John Bazley

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