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Case X: $880,000 56,000 77,280 Case Y: Compute cash received from customers: Sales Accounts receivable, Beginning balance Accounts receivable, Ending balance Compute cash paid for
Case X: $880,000 56,000 77,280 Case Y: Compute cash received from customers: Sales Accounts receivable, Beginning balance Accounts receivable, Ending balance Compute cash paid for rent Rent expense Rent payable, Beginning balance Rent payable, Ending balance Compute cash paid for inventory Cost of goods sold Inventory, Beginning balance Accounts payable, Beginning balance Inventory, Ending balance Accounts payable, Ending balance $126,100 6,700 5,628 Case Z: $652,000 202, 120 84,890 165,738 105,264 For each of the above three separate cases, use the information provided about the current-year operations of Sahim Company to compute the required cash flow information. Assume all purchases and sales of inventory are on credit Case X: Case Y: Case Z: Cash received from customers Cash paid for rent Cash paid for inventory
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