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Current Attempt in Progress The following information is taken from the 2 0 2 2 general ledger of Crane Company. Rent Rent expense $ 3
Current Attempt in Progress
The following information is taken from the general ledger of Crane Company.
Rent
Rent expense
$
Prepaid rent, January
Prepaid rent, December
Salaries Salaries and wages expense
$
Salaries and wages payable, January
Salaries and wages payable, December
Sales Sales revenue
$
Accounts receivable, January
Accounts receivable, December
In each case, compute the amount that should be reported in the operating activities section of the statement of cash flows under the
direct method.
Cash payments for rent
Cash payments for salaries
Cash receipts from customers
$
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