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to whoever gets this question, twas an accident. do ignore Check 875, 140 910,860 Cost of goods sold Gross profit Operating expenses Salaries expense Depreciation
to whoever gets this question, twas an accident. do ignore
Check 875, 140 910,860 Cost of goods sold Gross profit Operating expenses Salaries expense Depreciation expense Rent expense Amortization expenses-Patents Utilities expense $244,682 42,864 48,222 5,358 19,646 19 Gain on sale of equipment Net income 360,772 550,088 7.144 $ 557,232 Accounts receivable Inventory $49,850 Increase 19,200 increase Accounts payable Salaries payable $12,000 decrease 5.900 decrease Prepare the operating activities section of the statement of cash flows using the direct method. (Amounts to be deducted should be indicated with a minus sign.) Statement of Cash Flows (Partial) Cash flows from operating activities Step by Step Solution
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