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Chapter 16 Exercise i Saved Saved 00 Skipped $ 490,000 64,000 88,320 eBook Case X: Compute cash received from customers: Sales Accounts receivable, December 31,
Chapter 16 Exercise i Saved Saved 00 Skipped $ 490,000 64,000 88,320 eBook Case X: Compute cash received from customers: Sales Accounts receivable, December 31, 2017 Accounts receivable, December 31, 2018 Case Y: Compute cash paid for rent: Rent expense Rent payable, December 31, 2017 Rent payable, December 31, 2018 Case 2: Compute cash paid for inventory: Cost of goods sold Inventory, December 31, 2017 Accounts payable, December 31, 2017 Inventory, December 31, 2018 Accounts payable, December 31, 2018 $109,100 7,200 6,192 Hint $ 543,000 168,330 70,699 138,031 87,667 For each of the above three separate cases, use the information provided about the calendar-year 2018 operations of Sahim Company to compute the required cash flow information. Case X: Case Y: Case Z: Cash received from customers Cash paid for rent Cash paid for inventory
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