Solution-Prepare the operating activities section

Prepare the operating activities section

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Reference no: EM13867042

In the current year, Harrisburg Corporation collected $100,000 from its customers and paid out $30,000 to suppliers, $20,000 to employees, and $8,000 for income taxes.

Using the direct method, prepare the operating activities section of its statement of cash flows based on this information.

Reference no: EM13867042

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Prepare the operating activities section

Reference no: EM13867042

Reference no: EM13867042

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