Question: Exercise 12-15B Direct: Computing cash flows LO P5 Case X: Case Zt Compute cash received from customers: Sales Accounts receivable, December 31, 2018 Accounts receivable,
Exercise 12-15B Direct: Computing cash flows LO P5 Case X: Case Zt Compute cash received from customers: Sales Accounts receivable, December 31, 2018 Accounts receivable, December 31, 2019 Compute cash paid for rent: Rent expense Rent payable, December 31, 2018 Rent payable, December 31, 2019 $790,000 30,000 41,400 Compute cash paid for inventory: Cost of goods sold Inventory, December 31, 2018 Accounts payable, December 31, 2018 Inventory, December 31, 2019 Accounts payable, December 31, 2019 $657,000 203,670 85.541 167,009 106,071 Case Y $134,200 14,809 12,432 For each of the above three separate cases, use the information provided about the calendar year 2019 operations of Sahim Company to compute the required cash flow information. Case X Case Y Case Z. Cash received from customers Cash paid for rent Cash paid for inventory
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