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can you complete a, b, c. please provide clear pictures G. Question #2 (12 marks) Sales for the year are $60,000. Cash paid for operating
can you complete a, b, c. please provide clear pictures G. Question #2 (12 marks) Sales for the year are $60,000. Cash paid for operating expenses for the year are $40,500. A/R Prepaid expense Unearned revenue Accrued liabilities Ending $9,000 2,460 375 1,500 Beginning $6,600 3,720 1,200 1,800 Sales 62400 Required: Determine the following: (a)CFO using the DRIECT method (5 marks), $60 innen AIR hash Collections from Customers 2400 3 Cash Disbunement Pere en ALR Expense 40500 (b) the I/S (4 marks) and, sales $600 oo wered by a EXP. Net Income 7.500 (40500) 21900 (losoo) 2 (c) CFO using the INDIRECT method (3 marks) NI 19500 wk Changes: AIR (2400) 12 2 2400 Cto 21900
can you complete a, b, c. please provide clear pictures
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