Question

The following accounts and corresponding balances were drawn from Avia Company's 2014 and 2013 year-end balance sheets:


During the year, $46,000 of unearned revenue was recognized as having been earned. Rent expense for 2014 was $18,000.

Required
Based on this information alone, prepare the operating activities section of the statement of cash flows assuming the direct approach isused.


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  • CreatedOctober 12, 2013
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