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Calculate cash payments for operating expenses direct method

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Reference no: EM132547040

Question - Pete's Pies Ltd reports operating expenses of $216 000 excluding depreciation expense of $18 000 for 2018. During the year Prepaid expenses decreased $7920 and accrued expenses payable increased $5280. Calculate the cash payments for operating expenses in 2018.

Task - Calculate the cash payments for operating expenses direct method.

Reference no: EM132547040

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Calculate cash payments for operating expenses direct method : Pete's Pies Ltd reports operating expenses of $216 000 excluding depreciation expense of $18 000 for 2018. Calculate cash payments for operating expenses
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