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Question 11 Not yet answered Marked out of 2 Flag question the following are selective accounts from AM books for the year ended 31/12/2023: 2022 2023 account receivables 150,000 -180,000 prepaid expenses 15,000 14,000 inventory 160,000 120,000 cost of goods sold 850,000 1,120,000 sales 1,200,000 1650,000 operating expenses 245,000 362,000 Account payable 220,000 280,000 accumulated dep 80,000 96,000 cash paid to expenses according to direct method in cash flow is: OA. 345,000 OB. 346,000 Oc., 362,000 OD. 361,000 20

Question 11 Not yet answered Marked out of 2 Flag question the following are selective accounts from AM books for the year ended 31/12/2023: 2022 2023 account receivables 150,000 -180,000 prepaid expenses 15,000 14,000 inventory 160,000 120,000 cost of goods sold 850,000 1,120,000 sales 1,200,000 1650,000 operating expenses 245,000 362,000 Account payable 220,000 280,000 accumulated dep 80,000 96,000 cash paid to expenses according to direct method in cash flow is: OA. 345,000 OB. 346,000 Oc., 362,000 OD. 361,000 20

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question 11 Not yet answered Marked out of 2 Flag question the following are selective accounts from AM books for the year ended 31/12/2023: 2022 2023 account receivables 150,000 -180,000 prepaid expenses 15,000 14,000 inventory 160,000 120,000 cost of goods sold 850,000 1,120,000 sales 1,200,000 1650,000 operating expenses 245,000 362,000 Account payable 220,000 280,000 accumulated dep 80,000 96,000 cash paid to expenses according to direct method in cash flow is: OA. 345,000 OB. 346,000 Oc., 362,000 OD. 361,000 20
Transcribed Image Text:Question 11 Not yet answered Marked out of 2 Flag question the following are selective accounts from AM books for the year ended 31/12/2023: 2022 2023 account receivables 150,000 -180,000 prepaid expenses 15,000 14,000 inventory 160,000 120,000 cost of goods sold 850,000 1,120,000 sales 1,200,000 1650,000 operating expenses 245,000 362,000 Account payable 220,000 280,000 accumulated dep 80,000 96,000 cash paid to expenses according to direct method in cash flow is: OA. 345,000 OB. 346,000 Oc., 362,000 OD. 361,000 20
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