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The income statement and a schedule reconciling cash flows from operating activities to net income are provided below for Mike Roe Computers. Required: Provide the
The income statement and a schedule reconciling cash flows from operating activities to net income are provided below for Mike Roe
Computers.
Required:
Provide the summary journal entries which shows the cash flow for each of the following for Mike Roe Computers during the
reporting period: a received from customers, b paid to suppliers, c paid to employees, d paid for interest, e paid for
insurance, f paid for income taxes.
Prepare the cash flows from operating activities section of the statement of cash flows direct method
Complete this question by entering your answers in the tabs below.
Required
Provide the summary joumal entries which shows the cash flow for each of the following for Mike Roe Computers during the reporting
period: a recelved from customers, b paid to suppliers, c paid to employees, d paid for interest, e paid for insurance, f paid for
income taxes.
Note: If no entry is required for a transactionevent select No journal entry required" in the first account field. Enter your answers in
millions rounded to decimal places ie should be entered as
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