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In each of the following cases, use the information provided about the 2020 operations of Prestige Water Corp. to calculate the indicated cash flow (Amounts
In each of the following cases, use the information provided about the 2020 operations of Prestige Water Corp. to calculate the indicated cash flow (Amounts to be deducted should be listed as negative amounts.) Ca A: $314.000 15,200 20.960 Case Caimulate cash received from customers ales revenge Accounts receivable, January 1 Accounts receivable, December 31 Calculate cash paid for insurances Thurance expense Prepaid insurance, January 1 Prepaid insurance, December 31 Calculate cash paid for salaries Salaries expense Salarice payable, January 1 Salaries payable, December 31 5.41,200 7.000 10,340 Case C 3124.000 7.640 12,000 Case PRESTIGE WATER CORP Statement of Cash Flows Sales revenue Accounts receivable, December 31 Accounts receivable, January 1 Ca B: Cash receipts from customers Insurance expense Prepaid insurance, December 31 Prepaid insurance, January 1 Case Cash paid for insurance Salaries expense Salaries payabi, December 31 Salaries payable, January 1 Cash paid for salaries
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