- Peach Computer Selected Balance Sheet Data December 31 Cash Accounts Receivable Inventory Prepaid Rent Accounts Payable 1 (27.44 KiB) Viewed 69 times
PEACH COMPUTER Selected Balance Sheet Data December 31 Cash Accounts receivable Inventory Prepaid rent Accounts payable Income tax payable 2024 $100,000 46,200 73,000 2,800 43,000 4,800 2023 $84,000 50,000 54,000 4,600 36.000 9,000 Increase (I) or Decrease (D) $16,000 3,800 (D) 19,000 (1) 1,800 (D) 7,000 (I) 4,200 (D) Required: Prepare the operating activities section of the
statement of cash flows for Peach Computer using the direct method. (Amounts to be deducted should be indicated with a minus sign.) PEACH COMPUTER
Statement of Cash Flows (partial) For the Year Ended December 31, 2024 Cash flows from operating activities Not cash flows from operating activities $ 0