For Each of the Following Separate Cases,use the Information Provided

question 187

Essay

For each of the following separate cases,use the information provided to calculate the missing cash inflow or cash outflow using the direct method.
(a)
$\begin{array}{|l|c|}\hline \text { Accounts receivable balances: } & \\\hline \text { Beginning of year } & \$ 60,000 \\\hline \text { End of year } & 63,000 \\\hline \text { Sales revenue (all on credit) } & 395,000 \\\hline \text { Cash received from customers } & \$ \\\hline\end{array}$

$\begin{array}{|c|l|c|}\hline \text { (b) } & \text { Accounts payable balances: } & \\\hline & \text { Beginning of year } & \$ 42,000 \\\hline & \text { End of year. } & 31,000 \\\hline & \text { Merchandise inventory balances: } & \\\hline & \text { Beginning of year } & 50,000 \\\hline & \text { End of year ...... } & 52,500 \\\hline & \text { Cost of goods sold. } & 250,000 \\\hline & \text { Cash paid for merchandise inventory } & \$\\\hline\end{array}$

(c)
$\begin{array}{|c|c|}\hline \text { Interest payable balances:} & \\\hline \text { Beginning of year } & \$ 7,500 \\\hline \text { End of year } & 8,200 \\\hline \text { nterest expense } & 31,000 \\\hline\text { Cash paid for interest }&\$\\\hline\end{array}$

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Definitions:

Protection and Advocacy Act

Legislation designed to safeguard and advocate for the rights of people with disabilities, ensuring access to necessary services and supports.

Mental Ill Individuals

Persons suffering from conditions that affect their thinking, feeling, mood, or behavior in a way that influences their daily functioning.

Abuse and Neglect

Forms of maltreatment towards an individual, where abuse can be physical, emotional, or sexual in nature, and neglect involves the failure to meet basic needs.

Right to Refuse Treatment

the legal right of patients to deny medical treatments or interventions.