
(a)
Cash Flow Statement:
Cash Flow Statement is a fundamental financial statement that renders valuable information regarding the
In operating activities, cash affected transactions only recorded. In investing activities, investing transactions are recorded and in financial activities involve
To provide: The formula under the direct method for computing cash receipts from customer.
(b)
To provide: The formula under the direct method for computing cash payments to suppliers.

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Chapter 13 Solutions
Managerial Accounting: Tools for Business Decision Making
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