Identify and compute the cash flow related to each item on the income statement below. Use the
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Balance Sheet Accounts Income Statement Accounts Beginning Balance $1,035 400 5.461 4,312 3,009 Ending Balance $1,123 514 6,723 5,125 2,400 a. Accounts Receivable b. Prepaid Insurance c. Inventory d. Accounts Payable e, Taxes Payable Sales Insurance Expense Cost of Goods Sold S35,678 1.346 34,762 Tax Expense 45,098
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Related Book For
Intermediate Accounting
ISBN: 978-0132162302
1st edition
Authors: Elizabeth A. Gordon, Jana S. Raedy, Alexander J. Sannella
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