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Expert Electronics, Incorporated ( EEI ) recognized $ 5 , 0 0 0 of sales revenue on account and collected $ 2 , 9 0
Expert Electronics, Incorporated EEI recognized $ of sales revenue on account and collected $ of cash from accounts receivable. Further, EEI recognized $ of operating expenses on account and paid $ cash as partial settlement of accounts payable.
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Based on this information alone:
a Prepare the operating activities section of the statement of cash flows under the direct method.
Note: Amounts to be deducted should be indicated with a minus sign.
tableOperating Activities Direct Method,Cash flows from operating activities:,$
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