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The October accounting records of Toon & Associates nokide the accounts: Click the icon to view the accounts) Requirement Computo Tore & Associates' net cash
The October accounting records of Toon & Associates nokide the accounts: Click the icon to view the accounts) Requirement Computo Tore & Associates' net cash provided by operating activities during October. Use the indruct method. (Uw parentheses or a minus wigstor numbers to be traced) 1. Cash flows from operating activities: Not income Adjustments to reconcile net income to net cash provided by used for) operating activities: Net cash provided by used for) operating activities Cash Oct 1 448,000 Oct 1 Accounts receivable 15,000 Collections 440,000 433,000 8,000 12,000 Payments 440,000 4,000 Receipts Sales Oct 31 Oct 31 Oct 1 446,000 Payments Inventory 22,000 Cost of goods sold 450,000 26,000 Accounts payable 441,000 Oct 1 Purchases Purchases 14,000 450,000 23,000 Oct 31 Oct 31 Accumulated depreciation Oct 1 Dividends 49,000 5,000 Retained earnings 20,000 Oct 1 Net income Depreciation expense 72,000 70,000 122,000 Oct 31 54,000 Oct 31
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