Required information E12-3 Understanding the Computation of Cash Flows from Operating Activities (Indirect Method) [LO 12- 2) [The following information applies to the questions displayed below) Suppose your company sells services for $475 cash this month. Your company also pays $325 in salaries and wages, which includes $165 that was payable at the end of the previous month and 5160 for salaries and wages of this month. E12-3 Part 1 Required: 1. Prepare the journal entries to record these transactions. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet B > Record the service revenue of $475 for cash, Dobit Note Enter debit before credits Transaction General Journal 1 Cash Accounts Payable Service Revenue