hown below are the balances of selected accounts of Fun Limited. 1 Jan 2021 $241,500 $252,000 $63,000 31 Dec 2021 Accounts receivable Inventory Prepaid rent Accounts payable Salaries payable Net sales Cost of goods sold Operation expenses (including depreciation of $94,500) Gain from sale of equipment $273,000 $262,000 $67,200 $237,300 $66,150 $3,097,500 $1,627,500 $367,500 $10,000 $221,550 $72,450 repare the partial statement of cash flow for the year ended 31 December 2021, showing the omputation of net cash from operating activities by indirect method.

hown below are the balances of selected accounts of Fun Limited. 1 Jan 2021 $241,500 $252,000 $63,000 31 Dec 2021 Accounts receivable Inventory Prepaid rent Accounts payable Salaries payable Net sales Cost of goods sold Operation expenses (including depreciation of $94,500) Gain from sale of equipment $273,000 $262,000 $67,200 $237,300 $66,150 $3,097,500 $1,627,500 $367,500 $10,000 $221,550 $72,450 repare the partial statement of cash flow for the year ended 31 December 2021, showing the omputation of net cash from operating activities by indirect method.

Name: Shown below are the balances of selected accounts of Fun Limited.Jan
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Description: Shown below are the balances of selected accounts of Fun Limited.Jan 2021$241,500$252,000$63,000$221,550$72,45031 Dec 2021Accounts receivableInventoryPrepaid rentAccounts payableSalaries payableNet salesCost of goods soldOperation expenses (includin

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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