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CH12 Reporting Cash Flows (HW) i Seved Help Save & Exit Submit Check my work Arundel Company disclosed the following information for its recent calendar
CH12 Reporting Cash Flows (HW) i Seved Help Save & Exit Submit Check my work Arundel Company disclosed the following information for its recent calendar year. Income Statement Data Revenues $ 80,000 Expenses : Salaries expense 69,000 Utilities expense 29,000 Depreciation expense 32,800 Other expenses 6.909 Net loss $(57,700) Selected Year-End Balance Sheet Data Accounts receivable decrease $ 25,000 Purchased a machine for cash 21,000 Salaries payable increase 24,000 Other accrued liabilities decrease 14,000 points eBook Print Prepare the operating activities section of the statement of cash flows using the indirect method. (Any loss or amounts to be deducted should be indicated with a minus sign.) References Statement of Cash Flows (partial) Cash flows from operating activities
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