Activity No. 7. Dev Xe Company has the following transactions for the year ended December 31, 2020, were all payments were made thru cash. Prepare a COMPLETE Statement of Cash Flow using an Indirect Method. Sales Revenue Cost of Goods Sold Accounts Payable Inventory Office Equipment Salaries Taxes Interest Payments Net Income Depreciation Commission on Sales 275,000.00 100,000.00 7,500.00 9,000.00 13,000.00 50,000.00 9,000.00 12,000.00 45,000.00 17,500.00 25,000.00

Activity No. 7. Dev Xe Company has the following transactions for the year ended December 31, 2020, were all payments were made thru cash. Prepare a COMPLETE Statement of Cash Flow using an Indirect Method. Sales Revenue Cost of Goods Sold Accounts Payable Inventory Office Equipment Salaries Taxes Interest Payments Net Income Depreciation Commission on Sales 275,000.00 100,000.00 7,500.00 9,000.00 13,000.00 50,000.00 9,000.00 12,000.00 45,000.00 17,500.00 25,000.00

Financial Accounting: The Impact on Decision Makers

10th Edition

ISBN:9781305654174

Author:Gary A. Porter, Curtis L. Norton

Publisher:Gary A. Porter, Curtis L. Norton

Chapter7: Receivables And Investments

Section: Chapter Questions

Problem 7.19MCE

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