Question: Case X: Case Y: Case 2: Compute cash received from customers Sales Accounts receivable, Beginning balance Accounts receivable, Ending balance Compute cash paid for
Case X: Case Y: Case 2: Compute cash received from customers Sales Accounts receivable, Beginning balance Accounts receivable, Ending balance Compute cash paid for rent Rent expense Rent payable, Beginning balance Rent payable, Ending balance Compute cash paid for inventory Cost of goods sold Inventory, Beginning balance Inventory, Ending balance: Accounts payable, Beginning balance Accounts payable, Ending balance $ 720,000 25,000 34,500 $ 143,500 7,000 5,740 $ 591,000 183,210 76,948 150,232 95,416 For each of the above three separate cases, use the information provided about the current-year operations of Sahim Company to compute the required cash flow information. Assume all purchases and sales of inventory are on credit Case XX Cash received from customers Case Y Cash paid for rent Case Z Cash paid for inventory
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