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Business, 17.06.2020 03:57 JacobWat

Arundel Company disclosed the following information for its recent calendar year. Income Statement Data Selected Year-End Balance Sheet Data
Revenues $120,000 Accounts receivable decrease $29,000
Expenses: Purchased a machine for cash 20,000
Salaries expense 74,000 Salaries payable increase 24,000
Utilities expense 30,000 Other accrued liabilities decrease 15,000
Depreciation expense 29,000 Other expenses 8,500
Net loss $(21,500 )

Requried:
Prepare the operating activities section of the statement of cash flows using the indirect method.

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Arundel Company disclosed the following information for its recent calendar year. Income Statement...
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