The accounting records of Beaufain Corporation reveal the following: Compute cash flows from operating activities by the

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The accounting records of Beaufain Corporation reveal the following:

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Compute cash flows from operating activities by the indirect method. Use the format of the operating section of Exhibit 18-11.
Collection of accounts receivable $\$ 93,000$
Payment of salaries and wages.
17,000 Depreciation 12,000 23,000

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Financial Accounting

ISBN: 9780133118209

2nd Edition

Authors: Charles T. Horngren, Jr. Harrison, Walter T.

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Question Posted: Jun 10, 2024 01:24 AM

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The accounting records of Beaufain Corporation reveal the following: Compute cash flows from operating activities by the

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Payment of accounts payable. $48,000 5,000 Net income.. 21,000 Payment of income tax.............. 13,000 Cash sales... Loss on sale of land Acquisition of land. $ 9,000 37,000

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Financial Accounting

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