Refer to the information provided for Peach Computer in E11€“11.

You are watching: Portions of the financial statements for peach computer are provided below.

In E11€“11, Portions of the financial statements for Peach Computer are provided below.
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Required: Prepare the operating tasks area of the statement of cash flows for Peach Computer utilizing the directmethod.


Financial Statements Financial statements are the standardized formats to current the financial indevelopment regarded a company or an company for its users. Financial statements contain the historical indevelopment and also existing period’s financial...
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to the information provided for Peach Computer in E11–11. Required: Prepare the operating activities section of the statement of cash flows for Peach Computer using the straight technique. E11-11 View Answer
Refer to the information provided for Peach Computer in E11-11.E11-11Portions of the financial statements for Peach Computer are provided below. Required: Prepare the operating activities section of the statement of cash flows for Peach Computer using the straight technique. View Answer
Refer to the information provided for Peach Computer in E11-11.E11-11Portions of the financial statements for Peach Computer are provided below.

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Required: Prepare the operating activities section of the statement of cash flows for Peach Computer using the straight approach. View Answer
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Portions of the financial statements for Peach Computer are provided listed below. Required: Prepare the operating activities section of the statement of cash flows for Peach Computer using the indirect strategy. View Answer
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PEACH COMPUTER Income Statement For the year finished December 31, 2015 Net sales $2,050,000 Expenses: Cost of products marketed Operating expenses Depreciation price Income taxes cost Total costs $1,150,000 660,000 60,000 50,000 1,920,000 130,000 Net revenue PEACH COMPUTER December 31 2015 Selected Balance Sheet Documents 2014 Increase (I) or Decrease (D) $22,000 () 8,000 (D) 25,000 () 3,000 (D) 13,000 () 9,000 (D) Cash $112,000 $90,000 46,000 54,000 85,000 60,000 4,000 Prepassist rent Accounts payable Income tax payable 55,00042,000 6,000 15,000