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Activity No. 7. Dev Xe Company has the following transactions for the year ended December 31, 2020, were all payments were made thru cash. Prepare a COMPLETE Statement of Cash Flow using an Indirect Method. Sales Revenue Cost of Goods Sold Accounts Payable Inventory Office Equipment Salaries Taxes Interest Payments Net Income Depreciation Commission on Sales 275,000.00 100,000.00 7,500.00 9,000.00 13,000.00 50,000.00 9,000.00 12,000.00 45,000.00 17,500.00 25,000.00

Activity No. 7. Dev Xe Company has the following transactions for the year ended December 31, 2020, were all payments were made thru cash. Prepare a COMPLETE Statement of Cash Flow using an Indirect Method. Sales Revenue Cost of Goods Sold Accounts Payable Inventory Office Equipment Salaries Taxes Interest Payments Net Income Depreciation Commission on Sales 275,000.00 100,000.00 7,500.00 9,000.00 13,000.00 50,000.00 9,000.00 12,000.00 45,000.00 17,500.00 25,000.00

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Activity No. 7. Dev Xe Company has the following transactions for the year ended December 31, 2020, were all payments were made thru cash. Prepare a COMPLETE Statement of Cash Flow using an Indirect Method. Sales Revenue Cost of Goods Sold Accounts Payable Inventory Office Equipment Salaries Taxes Interest Payments Net Income Depreciation Commission on Sales Your answer 2.75,000.00 100,000.00 7,500.00 9,000.00 13,000.00 50,000.00 9,000.00 12,000.00 45,000.00 17,500.00 25,000.00
Transcribed Image Text:Activity No. 7. Dev Xe Company has the following transactions for the year ended December 31, 2020, were all payments were made thru cash. Prepare a COMPLETE Statement of Cash Flow using an Indirect Method. Sales Revenue Cost of Goods Sold Accounts Payable Inventory Office Equipment Salaries Taxes Interest Payments Net Income Depreciation Commission on Sales Your answer 2.75,000.00 100,000.00 7,500.00 9,000.00 13,000.00 50,000.00 9,000.00 12,000.00 45,000.00 17,500.00 25,000.00
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