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The accounting records of DVR Sales, Inc. include the following accounts: E: (Click the icon to view the accounts.) Compute DVR's net cash provided by
The accounting records of DVR Sales, Inc. include the following accounts: E: (Click the icon to view the accounts.) Compute DVR's net cash provided by (used for) operating activities during July 2018. Use the indirect method. (Use a minus sign or parentheses for amounts that result in a decrease in cash and to show net cash used for operating activities. If a box is not used in the table leave the box empty, do not select a label or enter a zero.) i Data Table - X DVR Sales, Inc. Statement of Cash Flows (Partial) For the Month Ended July 2018 Cash Flows from Operating Activities: Net Income Adjustments to Reconcile Net Income to Net Cash Provided by (Used for) Operating Activities: Account Cash Accounts Receivable Merchandise Inventory Accounts Payable Beginning Balance $ 7,000 19,000 21,000 Ending Balance $ 5,000 14,000 25,000 21,500 15,500 Accumulated Depreciation- Equipment 54,000 Jul. 1 3,000 Depr. Exp. 57,000 Jul. 31 Retained Earnings 67,000 Jul. 1 Dividends 16,000 80,000 Net Inc. 131,000 Jul. 31 Net Cash Provided by (Used for) Operating Activities Print Done Choose from any list or enter any number in the input fields and then click Check
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