Essay
The Burgess Company reported the following partial list of accounts,beginning and ending balances and results for 2016:
Required: Present in good form the cash flows from operating activities section of a statement of cash flows using the direct method.
Correct Answer:

Verified
Correct Answer:
Verified
Q2: Howard Co.declared and paid a $1.50 per
Q3: Marvel Company sold land that cost $440,000
Q4: Bristol Corporation reported a $6,200 balance in
Q5: When preparing a statement of cash flows,in
Q6: Howard Co.purchased land costing $25,000 by paying
Q7: Indicate whether each of the following statements
Q8: When using the indirect method to prepare
Q9: On January 1,2016,the Chisolm Company purchased equipment
Q10: The Anton Company reported a beginning balance
Q81: The three main sections of the statement