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plz urgent he account balances for the noncash current assets and current liabilities of Star Inic are as foliows December 31 2015 2014 Accounts recewable
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he account balances for the noncash current assets and current liabilities of Star Inic are as foliows December 31 2015 2014 Accounts recewable 55,000 34500 Merchandise inventory 39,500 60 000 Prepaid expenses 38,000 47,500 Totats 151.500 142.000 Accounts payable 11 000 33,500 Satants payable 07.000 72.500 Totals 114 000 106,000 During 2015 Stat Inc reported dopreciation expense of $19,500 Agon on sale of equipment was reported in the amount of 522 500 All purchases and sales are on account Not income for 2015 was $48.500 Prepare the operations section of the statement of cash lows using the indiect mothod Statement of Cash Flow EEEE Et XXStep by Step Solution
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