Assignment 3 BUSI2001 C- INTERMEDIATE ACCOUNTING I 1- Prepare a Statement of Cash Flows for Global Inc. using the direct method. Harold Inc. Statement of Cash Flows For the year ended December 31, 20x2 Cash flow from operations Cash collected from customers (sales –increase in accounts receivable) ($1650 000-$24 000) $1626 000 Cash paid to suppliers (Decrease in inventory-increase in Accounts Payable) (1,236,000-31,0000) $(1,186,00) Cash…
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