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Title: Qtopia Electric Company uses the direct method to prepare its statement of cash flows. Qtopia has ... Post by: pri on Jul 26, 2018 Qtopia Electric Company uses the direct method to prepare its statement of cash flows. Qtopia has reported cost of goods sold of $85,000 on its income statement for 2017. If the balance in Accounts Payable, for merchandise inventory suppliers only, has decreased by $8,000 during the year, then $8,000 needs to be subtracted from $85,000 to calculate payments to suppliers for merchandise inventory purchases.
Title: Qtopia Electric Company uses the direct method to prepare its statement of cash flows. Qtopia has ... Post by: dreama_g on Jul 26, 2018 Content hidden
Title: Qtopia Electric Company uses the direct method to prepare its statement of cash flows. Qtopia has ... Post by: pri on Jul 26, 2018 Such an awesome helper!
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