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Author Question: The following balances were gathered from Brandon Company's general ledger.June 30, 2020June 30, ... (Read 36 times)

parker123

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on: Feb 5, 2023
The following balances were gathered from Brandon Company's general ledger.

​June 30, 2020June 30, 2021
Accounts receivable$120,000$132,000
Inventory180,000197,000
Accounts payable43,00054,000
Accrued liabilities12,00016,000
Income taxes payable22,00015,000
Sales​430,000
Cost of goods sold​270,000
Operating expenses (includes $15,000 depreciation)​112,000
Gain on sale of equipment​26,000
Income tax expense​17,000
Required:

Using the indirect method, prepare the cash flows provided by operating activities section of Brandon's statement of cash flows for year ending June 30, 2021.
Managerial Accounting ¦ Davis ¦ 4th Edition
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Marked as best answer by parker123 on Feb 5, 2023

Sophia0717

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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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parker123

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Reply 2 on: Feb 5, 2023
Great answer, keep it coming :)

upturnedfurball

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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