Norman Companys income statement for the year ended December 31, 2015, contained the following condensed information. Normans

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Norman Company’s income statement for the year ended December 31, 2015, contained the following condensed information.

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Norman’s statement of financial position contained the following comparative data at December 31.

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(Accounts payable pertains to operating expenses.)

Instructions Prepare the operating activities section of the statement of cash flows using the direct method.

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Related Book For  answer-question

Intermediate Accounting IFRS Edition

ISBN: 9781118443965

2nd Edition

Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield

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