Question: In the current year Harrisburg Corporation collected 100 000 from its

In the current year, Harrisburg Corporation collected $100,000 from its customers and paid out $30,000 to suppliers, $20,000 to employees, and $8,000 for income taxes. Using the direct method, prepare the operating activities section of its statement of cash flows based on this information.


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  • CreatedDecember 09, 2013
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