Ch. 12 P-6

Exercise 12-15B Direct: Computing cash flows LO P5 Ints Case X: Skipped Case Y: Compute cash received from customers: Sales Accounts receivable, December 31, 2017 Accounts receivable, December 31, 2018 Compute cash paid for rent: Rent expense Rent payable, December 31, 2017 Rent payable, December 31, 2018 Compute cash paid for inventory: Cost of goods sold Inventory, December 31, 2017 Accounts payable, December 31, 2017 Inventory, December 31, 2018 Accounts payable, December 31, 2018 eBook Case Z: $515,000 27,200 33,600 $139,800 7,800 6,200 $525,000 158,600 66,700 130,400 82,000 Hint Print For each of the above three separate cases, use the information provided about the calendar-year to compute the required cash flow information References Case X Cash received from customers Case Y Cash paid for rent Case 2 Cash paid for inventory