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a. Prepare the Cash Flows from Operating Activities section of the statement of cash flows, using the direct method. Use the minus sign to indicate
a. Prepare the Cash Flows from Operating Activities section of the statement of cash flows, using the direct method. Use the minus sign to indicate cash out flows, cash payments, decreases in cash, or any negative adjustments.
Booker T Industries Inc. | ||
Cash Flows from Operating Activities Section | ||
For the year ended on June 30 | ||
Cash flows from operating activities: | ||
Cash received from customers | $ | |
Cash payments for merchandise | ||
Cash payments for operating expenses | ||
Cash payments for income taxes | ||
Net cash flow from operating activities | $ |
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