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QUESTION 13 20 Realtree Supplies Inc.'s current assets and liabilities at December 31, 2021 are as follows: 2021 2020 Accounts payable $8,400 $11,500 Accounts receivable
QUESTION 13 20 Realtree Supplies Inc.'s current assets and liabilities at December 31, 2021 are as follows: 2021 2020 Accounts payable $8,400 $11,500 Accounts receivable 18,500 12,000 Cash 30,100 5,000 Interest payable 1,750 1.250 Inventory 4,500 8.500 Prepaid expenses 800 900 Salaries payable 1,600 3,000 Taxes payable 550 1,550 Realtree Supplies had profit of $83,500 in 2021. Included in the calculation of profit is depreciation of building and equipment in the amount of $45,000 and amortization of a patent in the amount of $1.000. Instructions Prepare the operating section of Realtree Supplies' cash flow statement for the year ended December 31, 2021, using the indirect method. TT T Arial V3 (12pt) TE Save All Answers Click Save and Submit to save and submit. Click Save All Answers to save all answers. Ich 99
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