Using Excel to Prepare the Cash Flows from Operating

Activities Section of the Statement of Cash Flows Using the

Direct Method

PROBLEM

Amounts from Turcotte Limited's accounting records for

$2023$ are shown here:

Student Work Area

Required: Provide input into cells shaded in yellow in this template. Input the

required mathematical formulas or functions with cell references to the Problem

area or work area as indicated.

Prepare the cash flows from operating activities section of the statement of cash

flows using the direct method.