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 de Suppose your company sells services for $405 is month. Your company also pays $220 in salaries and wages, which includes $95 that was payable the previous month and $125 for salaries and wages of this month. E12-3 Part 1 Required: event, select "No Journal Entry 1. Prepare the journal entries to recor Required" in the first account fi Required information Record the service revenue of $405 for cash. Note: Enter debits before credits. Transaction General Journal Debit Credit Required information Record the salaries and wages paid of $220. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general journal