The following information pertains to peak heights company: Required: Present the operation activities section of the statement
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Present the operation activities section of the statement of cash flows for peak heights company using the indirectmethod.
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Income Statement for 2015 Sales $93,000 Expenses Cost of goods sold Depreciation expense Salaries expense $51.875 6,000 12,000 69,875 $23,125 2014 $11,000 Net income Partial Balance Sheet Accounts receivable Inventory Salaries payable 2015 $10,500 13,000 2,250 8,000 800
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Related Book For
Financial Accounting
ISBN: 978-0078025556
8th edition
Authors: Robert Libby, Patricia Libby, Daniel Short
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