The following information is taken from the income statement of Pittsburg Inc. for 2019: Additional information relating

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The following information is taken from the income statement of Pittsburg Inc. for 2019:

Sales $950,000 Cost of Goods Sold Gross Profit on Sales Operating Expenses Depreciation Other Operating Expenses Net Inc


Additional information relating to account balances at the beginning and end of the year appears below:

Jan. 1, 2019 $56,000 Dec. 31, 2019 Accounts Recelvable Merchandise Inventory Accrued Liabilities Accounts Payable $50,00


Determine the cash flows from operations for 2019.

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College Accounting Chapters 1-30

ISBN: 978-1259631115

15th edition

Authors: John Price, M. David Haddock, Michael Farina

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