Cash flow statement: The company prepares a statement of cash flow to calculate the net decrease or net increase in cash during the year. The three sections of the cash flow statement include financing activities, operating activities, and investing activities. To prepare: The operating activity section of the cash flow statement using the direct method.

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Chapter 12, Problem 20E

To determine

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Cash flow statement: The company prepares a statement of cash flow to calculate the net decrease or net increase in cash during the year. The three sections of the cash flow statement include financing activities, operating activities, and investing activities.

To prepare: The operating activity section of the cash flow statement using the direct method.

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