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Sosa Company has the following post - closing trial balance on December 3 1 , 2 0 1 6 : ( Click the icon to
Sosa Company has the following postclosing trial balance on December :
Click the icon to view the postclosing trial balance.
The company's accounting department has gathered the following budgeting information for the first quarter of :
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Additional information:
a Direct materials purchases are paid in the quarter purchased and in the next quarter.
b Direct labor, manufacturing overhead, selling and administrative costs, and income tax expense are paid in the quarter
incurred.
Read the requirements.
Requirement Prepare Sosa Company's budgeted statement of cash flows for the first quarte
Data table
Data table
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