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present the operating activities section of statement of cash flows using the direct method. everything filled in so far is correct $ 53,000 Income Statement
present the operating activities section of statement of cash flows using the direct method. everything filled in so far is correct
$ 53,000 Income Statement for Current Year Service revenue Expenses Salarien Depreciation Amortization of copyrights Other expenses Net loon $41,900 8,200 220 9.700 60.020 $(7,020) Partial Balance Sheet Accounts receivable Salarios payable Other accrued liabilities Current Prior Year Year 58,700 $ 16,000 14,300 2,400 2.300 5,400 In addition, Rodriguez bought a small service machine for $6100 Required: 1. Present the operating activities section of the statement of cash flows for Rodriguez Company using the direct method. Assume that other accrued liabilities relate to other expenses on the income statement. (List cash outflows as negative amounts.) RODRIGUEZ COMPANY Statement of Cash Flows (Partial) Cash flows from operating activities Cash payments for other expenses Cash payments to employees Cash collected from customers Nel cash provided by operating activities $ 0 Step by Step Solution
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