Question

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


During the year, $84,000 of unearned revenue was recognized as having been earned. Rent expense for 2014 was $24,000.

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


$1.99
Sales0
Views96
Comments0
  • CreatedOctober 12, 2013
  • Files Included
Post your question
5000