Required information E12-5 (Algo) 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 goods for $320, of which $210 is received in cash and $110 is on account. The goods cost your company $129 and were paid for in a previous period. Your company also recorded salaries and wages of $80, of which only $32 has been paid in cash. Journal entry worksheet Record the sales revenue of $210 for cash and $110 on account and record the cost of goods sold of $129 using one journal entry. Note: Enter debits before credits. Journal entry worksheet Note: Enter debits before credits