Refer to the information about Bekham Company in Exercise 16-6. Use the direct method to prepare only

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Refer to the information about Bekham Company in Exercise 16-6.
Use the direct method to prepare only the cash provided or used by operating activities section of the statement of cash flows for thiscompany.

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Fundamental Accounting Principles

ISBN: 978-0078110870

20th Edition

Authors: John J. Wild, Ken W. Shaw, Barbara Chiappetta

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Question Posted: Dec 26, 2012 11:49 PM

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Refer to the information about Bekham Company in Exercise 16-6. Use the direct method to prepare only

Question:

BEKHAM COMPANY Income Statement For Year Ended December 31,2011 Sales $1,818,000 891,000 927,000 s sold .r Gross proft Salaries expense Rent expense. Utilities expense $248,535 43,200 48.600 5.400 19,125 expenses Patents ... 364,860 562,140 7,200 $569,340 Galn on sale of equlpment Net Income

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Fundamental Accounting Principles

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