The 2014 accounting records of Liz Ten Transport reveal these transactions and events. InstructionsPrepare the cash flows from operating activities section using the direct method. (Not all of the items will beused.) Payment of interest Cash sales $10,000 50,000 Collection of accounts receivable Payment of salaries and wages Depreciation expense Proceeds from disposal of $190,000 57,000 16,000 Receipt of dividend

Chapter 13, Exercises #13
The 2014 accounting records of Liz Ten Transport reveal these transactions and events.

The 2014 accounting records of Liz Ten Transport reveal these

Instructions
Prepare the cash flows from operating activities section using the direct method. (Not all of the items will beused.)

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