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The following information is taken from the 2022 general ledger of Bonita Company. Rent Rent expense $30,300 Prepaid rent, January 1 5,700 Prepaid rent, December
The following information is taken from the 2022 general ledger of Bonita Company. Rent Rent expense $30,300 Prepaid rent, January 1 5,700 Prepaid rent, December 31 8,500 Salaries Salaries and wages expense $65,900 Salaries and wages payable, January 1 3,200 Salaries and wages payable, December 31 8,300 Sales Sales revenue Accounts receivable, January 1 Accounts receivable, December 31 $160,600 18,400 7,800 In each case, compute the amount that should be reported in the operating activities section of the statement of cash flows under the direct method. Cash payments for rent EA $ Cash payments for salaries EA $ Cash receipts from customers $ LA
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