Solution-Prepare Bramble cash flows from operating

Prepare Bramble cash flows from operating activities

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Reference no: EM132468500

Problem - Bramble Corporation had the following 2017 income statement.

Revenues	$109,000
Expenses	63,000
	$46,000

In 2017, Bramble had the following activity in selected accounts.

Accounts Receivable
1/1/17	22,000	Write-offs	900
Revenues	109,000	Collections	99,000
12/31/17	31,100
Allowance for Doubtful Accounts
		1/1/17	1,200
Write-offs	900	Bad debt expense	1,700
		12/31/17	2,000

Required - Prepare Bramble's cash flows from operating activities section of the statement of cash flows using the direct method.

Reference no: EM132468500

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Prepare Bramble cash flows from operating activities

Reference no: EM132468500

Reference no: EM132468500

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