Norman NV's income statement for the year ended December 31, 2019, contained the following condensed information. Norman's

Question:

Norman NV's income statement for the year ended December 31, 2019, contained the following condensed information.

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Norman's statement of financial position contained the following comparative data at December 31.

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(Accounts payable pertains to operating expenses.)


Instructions

Prepare the operating activities section of the statement of cash flows using the direct method.

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Related Book For  book-img-for-question

Intermediate Accounting IFRS

ISBN: 978-1119372936

3rd edition

Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield

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