Amakye Dede has the following information in its 'Cash account' for July: i. Paid employees: $18 000

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Amakye Dede has the following information in its 'Cash account' for July:

i. Paid employees: $18 000

ii. Paid suppliers: $8 000

iii. Cash sales: $44 000

iv. Collected interest: $3 200

v. Paid interest: $2000

vi. Collected accounts receivable: $20 000.

Required: Using the direct method, prepare the operating activities section of Amakye Dede's cash flow statement for July

Related Book For answer-question

Income Tax Fundamentals 2013

ISBN: 9781285586618

31st Edition

Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill

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Posted Date: Jan 15, 2024 04:00 AM

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Amakye Dede has the following information in its 'Cash account' for July: i. Paid employees: $18 000

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Income Tax Fundamentals 2013

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