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Rodriguez Company completed its income statement and comparative balance sheet for the current year and provided the following information: Income Statement for Current Year Service
Rodriguez Company completed its income statement and comparative balance sheet for the current year and provided the following information: Income Statement for Current Year Service revenue Expenses Salaries Depreciation Amortization of copyrights Other expenses Net loss Partial Balance Sheet Accounts receivable Salaries payable Other accrued liabilities $ 42,800 7,800 330 10, 200 Current Year $ 9,700 14,600 1,700 $ 52,600 61,130 $ (8,530) Prior Year $ 16,400 2,200 7,100 In addition, Rodriguez bought a small service machine for $6,400. Required: 1.Present the operating activities section of the statement of cash flows for Rodriguez Company using the indirect method. Note: List loss amount and cash outflows as negative amounts. Rodriguez Company completed its income statement and comparative balance sheet for the current year and provided the following information: In addition, Rodriguez bought a small service machine for $6,400. Required: 1.Present the operating activites section of the statement of cash flows for Rodriguez Company using the indirect method. Note: List loss amount and cash outflows os negotive amounts. Rodriguez. Company completed its income statement and compacative batance sheet for the curtent year and provided the following information: In addition fectiguez bought a small semce machine for 56,400 Required: Nore, Ustioss omount and cash outfows as negstive amounts
Rodriguez Company completed its income statement and comparative balance sheet for the current year and provided the following information: Income Statement for Current Year Service revenue Expenses Salaries Depreciation Amortization of copyrights Other expenses Net loss Partial Balance Sheet Accounts receivable Salaries payable Other accrued liabilities $ 42,800 7,800 330 10, 200 Current Year $ 9,700 14,600 1,700 $ 52,600 61,130 $ (8,530) Prior Year $ 16,400 2,200 7,100 In addition, Rodriguez bought a small service machine for $6,400. Required: 1.Present the operating activities section of the statement of cash flows for Rodriguez Company using the indirect method. Note: List loss amount and cash outflows as negative amounts.
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