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Required information [The following informotion applies to the questions disployed below] Suppose your company sells services of $180 in exchange for $135 cash and $45

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Required information [The following informotion applies to the questions disployed below] Suppose your company sells services of $180 in exchange for $135 cash and $45 on account. Depreciation of $65 relating to equipment also is recorded. 2. Calculate the amount that should be reported as net cash flow from operating activities. 3. Calculate the amount that should be reported as net income. 4. Show how the indirect method would convert net income (requirement 3) to net cash flow from operating activities (requirement 2 ). Complete this question by entering your answers in the tabs below. Caiculate the amount that should be reported as net cash flow from operating activities. Required information [The following information applies to the questions displayed below.] Suppose your company selis services of $180 in exchange for $135 cash and $45 on account. Depreciation of $65 relating to equipment also is recorded. Required: 1. Prepare the journal entries to record these transactions. Note: If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field. Journal entry worksheet

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