Question: Exercise 1 6 - 1 8 B ( Algo ) Direct: Computing cash flows LO P 5 Case X: Compute cash received from customers Sales

Exercise 16-18B (Algo) Direct: Computing cash flows LO P5
Case X: Compute cash received from customers Sales
Accounts receivable, Beginning balance
Accounts receivable, Ending balance
Case Y : Compute cash paid for rent
Rent expense
Rent payable, Beginning balance
Rent payable, Ending balance
Case z : Compute cash paid for inventory
cost of goods sold
Inventory, Beginning balance
Accounts payable, Beginning balance
Inventory, Ending balance
Accounts payable, Ending balance
660,000
30,000
41,400
$118,200
6,800
5,576
$630,060
195,300
82,026
160,146
101,712
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.
\table[[Case x,Cash received from customers,],[Case Y:,Cash paid for rent,],[Case Z,Cash paid for inventory,]]
 Exercise 16-18B (Algo) Direct: Computing cash flows LO P5 Case X:

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