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Required information E12-4 (Algo) Understanding the Computation of Cash Flows from Operating Activities (Indirect Method) [LO122] [The following information applies to the questions displayed below.] Suppose your company sells services of $160 in exchange for $125 cash and $35 on account. Depreciation of $55 relating to equipment also is recorded. Journal entry worksheet Record the service revenue of $125 for cash and $35 on account. Note: Enter debits before credits. Record the depreciation expense of $55. Note: Enter debits before credits. Required information E12-4 (Algo) Understanding the Computation of Cash Flows from Operating Activities (Indirect Method) [LO122] [The following information applies to the questions displayed below.] Suppose your company sells services of $160 in exchange for $125 cash and $35 on account. Depreciation of $55 relating to equipment also is recorded. Journal entry worksheet Record the service revenue of $125 for cash and $35 on account. Note: Enter debits before credits. Record the depreciation expense of $55. Note: Enter debits before credits