The following information is taken from the 2022 general ledger of Sunland Company. Rent Rent expense $ 29,000 Prepaid rent, January 1 6,100 Prepaid rent, December 31 8,700 Salaries Salaries and wages expense $ 65,400 Salaries and wages payable, January 1 3,900 Salaries and wages payable, December 31 8,200 Sales Sales revenue $159,400 Accounts receivable, January 1 19,100 Accounts receivable, December 31 7,900
In each case, compute the amount that should be reported in the operating activities section of the statement of cash flows under the direct method.
Cash payments for rent $
Cash payments for salaries $
Cash receipts from customers $
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The following information is taken from the 2022 general ledger of Sunland Company. Rent Rent expens...
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