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(Solved): Oriole's balance sheet contained the following comparative data at December 31 . (Accounts payable ...
Oriole's balance sheet contained the following comparative data at December 31 . (Accounts payable pertains to operating expenses.) Prepare the operating activities section of the statement of cash flows using the direct method.
Expert Answer
CASH FLOW STATEMENT OF ORIOLE COMPANY FOR THE YEAR ENDED DECEMBER 31 DECEMBER 2020 USING DIRECT METHOD CASH RECIEVED FROM SALE OF SERVICES $831000 (+) CASH REC