Cash flows from operating activities-direct method Instructions Amount Descriptions Statement of Cash Flows-Operating Activities Instructions The balances of selected accounts at the beginning and the end of the current year are as follows: End of Year Accounts receivable (net) Inventories Prepaid expenses Accounts payable (merchandise creditors) Accrued expenses payable operating expenses) Income tax payable $36.930 92.460 13,360 67.000 19,710 Beginning of Year 531,810 80,670 14,840 63,340 21,120 4260 Prepare the Cash Flows from Operating Activities section of the statement of cash flows using the direct method. Refer to the Amount Descriptions provided for the exact wording of the answer choices for text entries Use the minus sign to indicate cash outlows decreases in cash and a necash outlow Instructions Statement of Cash Flows-Operating Activities Prepare the Cash Flows from Operating Activities section of the statement of cash flows, using the direct method. Refer to the Amount Descriptions fist provided for the exact wording of the answer choices for text entries. Use the minus sign to indicate cash outflows, decreases in cash and an ash outflow, i required Rhino Company Cash Flows from Operating Activities Section For the Year Ended June 30 1 Cash flows from operating activities: Previous Next > Check My Work Cash flows from operating activities-direct method Instructions Amount Descriptions Statement of Cash Flows-Operating Activities Instructions The balances of selected accounts at the beginning and the end of the current year are as follows: End of Year Accounts receivable (net) Inventories Prepaid expenses Accounts payable (merchandise creditors) Accrued expenses payable operating expenses) Income tax payable $36.930 92.460 13,360 67.000 19,710 Beginning of Year 531,810 80,670 14,840 63,340 21,120 4260 Prepare the Cash Flows from Operating Activities section of the statement of cash flows using the direct method. Refer to the Amount Descriptions provided for the exact wording of the answer choices for text entries Use the minus sign to indicate cash outlows decreases in cash and a necash outlow Instructions Statement of Cash Flows-Operating Activities Prepare the Cash Flows from Operating Activities section of the statement of cash flows, using the direct method. Refer to the Amount Descriptions fist provided for the exact wording of the answer choices for text entries. Use the minus sign to indicate cash outflows, decreases in cash and an ash outflow, i required Rhino Company Cash Flows from Operating Activities Section For the Year Ended June 30 1 Cash flows from operating activities: Previous Next > Check My Work