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he income statement and a schedule reconciling cash flows from operating activities to net income are provided below for Mike Roe Computers. equlred: 1. Provide
he income statement and a schedule reconciling cash flows from operating activities to net income are provided below for Mike Roe Computers. equlred: 1. Provide the summary joumal entries which shows the cash flow for each of the following for Mike Roe Computers during the reporting period: (a) received from customers, (b) paid to suppliers, (c) paid to employees, (d) paid for interest, (e) paid for insurance. (f) baid for income taxes. Complete this question by entering your answers in the tabs below. Provide the summary journal entries which shows the cash flow for each of the following for Mike Roe Computers during the reporting period: (a) received from customers, (b) paid to suppliers, (c) paid to employees, (d) paid for interest, (e) paid for insurance, (f) paid for income taxes. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in millions rounded to 2 decimal places (i.e, 5,500,000 should be entered as 5.50). 1 Record the summary journal entry showing cash received from customers during the reporting period. 2 Record the summary journal entry showing cash paid to suppliers of goods during the reporting period. 3 Record the summary journal entry showing cash paid to employees during the reporting period. 4 Record the summary journal entry showing cash paid for interest during the reporting period. 5 Record the summary journal entry showing cash paid for insurance during the reporting period. 6 Record the summary journal entry showing cash paid for 1. Provide the summary joumal entries which shows the cash flow for each of the following for Mike Roe Computers during the reporting period: (a) received from customers, (b) paid to suppliers, (c) paid to employees, (d) paid for interest, (e) paid for insurance, (f) paid for income taxes. 2. Prepare the cash flows from operating activities section of the statement of cash flows (direct method). Complete this question by entering your answers in the tabs below. Prepare the cash flows from operating activities section of the statement of cash flows (direct method). Note: Enter your answers in millions rounded to 2 decimal places (i.e., 5,500,000 should be entered as 5.50). Amounts to be deducted should be indicated with a minus sign
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