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Author Question: Parnell Corporation provided the following financial information:Sales$105,000Cost of goods ... (Read 21 times)

connormoss

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on: Feb 5, 2023
Parnell Corporation provided the following financial information:

Sales$105,000
Cost of goods sold65,000
Operating expenses (includes $5,000 depreciation)30,000
Accounts receivable beginning/ending balances$15,000 and $20,000
Inventory beginning/ending balances30,000 and 34,000
Accounts payable beginning/ending balances25,000 and 32,000
Accrued liabilities beginning/ending balances10,000 and 8,000
Required:

Using the direct method, prepare the operating activities section of Parnell's statement of cash flows. Omit the statement heading.
Managerial Accounting ¦ Davis ¦ 4th Edition
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Marked as best answer by connormoss on Feb 5, 2023

xinyifff

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Reply #1 on: Feb 5, 2023
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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connormoss

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Reply 2 on: Feb 5, 2023
YES! Correct, THANKS for helping me on my review

ttt030911

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Reply 3 on: Yesterday
:D TYSM

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