Concept explainers
Financial statements, including statement of
Pendray Systems Corporation began operations on January 1, 20Y5 as an online retailer of computer software and hardware. The following financial statement data were taken from Pcndrays records at the end of its first year of operations. December 31, 20Y5.
Instructions
Prepare a statement of cash flows for the year ended December 31, 20Y5.
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