1.12 Pay cash for manufacturing labor Wage cost incurred = $190 A +dr -cr L -dr +cr Contra-assets -dr +cr E on B/S -dr +cr E via I/S -dr +cr Indirect operating cash flows: Direct operating cash flows: Direct investing cash flows: Direct financing cash flows: Net cash flows =
1.12 Pay cash for manufacturing labor Wage cost incurred = $190 A +dr -cr L -dr +cr Contra-assets -dr +cr E on B/S -dr +cr E via I/S -dr +cr Indirect operating cash flows: Direct operating cash flows: Direct investing cash flows: Direct financing cash flows: Net cash flows =
Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter11: The Statement Of Cash Flows
Section: Chapter Questions
Problem 48E: Preparing Net Cash Flows from Operating Activities-Direct Method Colassard Industries has the...
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