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These questions are in reference to Ch 12 of ACCT 2301. The independent cases are listed below includes all balance sheet accounts related to operating
These questions are in reference to Ch 12 of ACCT 2301.
The independent cases are listed below includes all balance sheet accounts related to operating activities Case A Case C $ 313,000 $ 16,500 $423,000 83,000 Case B Net income 43,000 153,000 Depreciation expense Accounts receivable increase 106,000 (203,000) (23,000) (decrease) Inventory increase (decrease) Accounts payable increase (decrease) (53,000)123,000 Accrued liabilities increase (decrease)63,000 (223,000) (53,000) 38,000 53,000 73,000 (43,000) Show the operating activities section of cash flows for each of the given cases. (Amounts to be deducted should be indicated with a minus sign.) Case A Case B Case C Net Income Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities Depreciation Changes in Assets and Liabilities Accounts Receivable Inventory Accounts Payable Accrued Liabilities Net Cash Provided by Operating Activities$ 0Step by Step Solution
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