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Ch 12: Assignment Saved 16 4.76 points Exercise 12-18B (Algo) Direct: Computing cash flows LO P5 Case X: Skipped Case Y: Compute cash received
Ch 12: Assignment Saved 16 4.76 points Exercise 12-18B (Algo) Direct: Computing cash flows LO P5 Case X: Skipped 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 $840,000 25,000 34,500 eBook Case Z: Compute cash paid for inventory Cost of goods sold Hint Inventory, Beginning balance Print Accounts payable, Ending balance Accounts payable, Beginning balance Inventory, Ending balance $ 145,400 14,400 11,520 $ 553,000 171,430 72,001 140,573 89,281 Help Save & Exit Check my References 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: Cash received from customers Case Y: Cash paid for rent Case Z: Cash paid for inventory
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