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need for using the direct method plz!! Rodriguez Company completed its income statement and comparative balance Sheet for the current year and prc.'ided the s

need for using the direct method plz!! image text in transcribed

Rodriguez Company completed its income statement and comparative balance Sheet for the current year and prc.'ided the s al,eee following information: Ser.ice revenue Expenses Salaries Dep t 10 a n ot copyrights Other expenses Net loss Accounts rete ivabLe Salaries payable Other accrued liabilities 8, Eoe lee 14, gee 1,6ee s 51,eee 60 99e s 19.9901 years s 15,6ee 1, 3ee 6,1ee In addition. Rodriguez bought a small service machine for S6DOO. Required: I. Present the operating activities section of the statement of cash flows for Rodrigue' Company using the direct method. Assume that other accrued liabilities relate to other expenses On the income statement. Note: List cash Outflows as negative amounts. Cash to Net cash

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