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Instructions:Prepare the operating activities section of the statement of cash flows for the year ended December 31, 2020 in GOOD FORM for DEF Company, using
Instructions:Prepare the operating activities section of the statement of cash flows for the year ended December 31, 2020 in GOOD FORM for DEF Company, using the indirect method.
3) JKL Corporation incurred the following costs while manufacturing its bicycles. 1. Bicycle components 2. Depreciation on factory plant. 3.Property taxes on store 4.Labor costs of assembly-line workers 5. Factory supplies used6. Advertising expense7. Property taxes on factory plant8. Delivery expense 9.Sales commissions10.Salaries paid to sales clerks
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