Question: Using the direct method, prepare the statement of cash flows for the year ended June 3 0 , 2 0 2 1 . Required information

Using the direct method, prepare the statement of cash flows for
Using the direct method, prepare the statement of cash flows for the year ended June 30,2021. Required information
[The following information applies to the questions displayed below.]
Lansing Company's current-year income statement and selected balance sheet data at December 31 of the
current and prior years follow.
Required:
Prepare the operating activities section of the statement of cash flows using the direct method for the current year.
Note: Amounts to be deducted should be indicated with a minus sign.
Note: Amounts to be deducted should be indicated with a minus sign.Required information
[The following information applies to the questions displayed below.]
Lansing Company's current-year income statement and selected balance sheet data at December 31 of the
current and prior years follow.
Required:
Prepare the operating activities section of the statement of cash flows using the direct method for the current year.
Note: Amounts to be deducted should be indicated with a minus sign.
the year ended June 30,2021. Required information [The following information applies to

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