Question: Exercise 12-18B (Algo) Direct: Computing cash flows LO P5 Case X: Case Yi Case 2: Compute cash received from customers Sales Accounts receivable, Beginning
Exercise 12-18B (Algo) Direct: Computing cash flows LO P5 Case X: Case Yi 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 Accounts payable, Ending balance Accounts payable, Beginning balance Inventory, Ending balance $620,000 64,000 88,320 $ 118,900 9,350 7,854 $ 678,000 210,180 88,276 172,348 109,462 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 X Cash received from customers Case Y Cash paid for rent Case Z Cash paid for inventory
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