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The 2022 accounting records of Megan Transport reveal these transactions and events. + Exercise 12.13-Compute Cash Flow using the Direct Method -/15 E Question 1
The 2022 accounting records of Megan Transport reveal these transactions and events.
+ Exercise 12.13-Compute Cash Flow using the Direct Method -/15 E Question 1 of 1 View Policies Current Attempt in Progress The 2022 accounting records of Megan Transport reveal these transactions and events $ 10,000 53,000 Payment of interest Cash sales 48,000 16,000 Receipt of dividend revenue 18,000 812.000 12,000 Payment of salaries and wages Depreciation expense Proceeds from sale of vehicles Purchase of equipment for cash Loss on sale of vehicles Payment of dividends Payment of operating expenses 22.000 38.000 Payment of income taxes Net income Payment for merchandise Payment for land 3.000 97,000 14,000 74.000 28,000 Collection of accounts receivable 195.000 Prepare the cash flows from operating activities section using the direct method. Exercise 12.13-Compute Cash Flow using the Direct Method Question 1 of 1 -/15 E Prepare the cash flows from operating activities section using the direct method Megan Transport Statement of Cash Flows-Direct Method Cash receipts from $ cash payments + Exercise 12.13-Compute Cash Flow using the Direct Method Question 1 of 1 - / 15 111 cash payments: $ Step by Step Solution
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