Question: Coronado Corp. uses the direct method to prepare its statement of cash flows. Coronado's trial balances at December 3 1 , 2 0 2 5
Coronado Corp. uses the direct method to prepare its statement of cash flows. Coronado's trial balances at December and
are as follows.Additional information:
Coronado purchased $ in equipment during
Coronado allocated onethird of its depreciation expense to selling expenses and the remainder to general and
administrative expenses.
Bad debt expense for was $ and writeoffs of uncollectible accounts totaled $
Determine what amounts Coronado should report in its statement of cash flows for the year ended December for the
following items.
a Cash collected from customers. $
b Cash paid to suppliers.
e Cash paid for selling expenses.
Just need help with a b and e
Thanks
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