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  3. compute cash received from customers: sales accoun

Compute cash received from customers: Sales Accounts receivable, Beginning balance Accounts receivable, Ending balance Compute...

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Accounting

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Compute cash received from customers: Sales Accounts receivable, Beginning balance Accounts receivable, Ending balance Compute cash paid for rent Rent expense Rent payable, Beginning balance Rent payable, Ending balance Compute cash paid for inventory Cost of goods sold Inventory, Beginning balance Accounts payable, Beginning balance Inventory, Ending balance Accounts payable, Ending balance Case X: $760,000 39,000 53,820 Case Y: $141,800 13,000 10,920 Case Z: $609,000 188,790 79,292 154,808 98,322 For each of the above three separate cases, use the information provided about the current-year operations of Sahim Company to compute the required cash flow information. Assume all purchases and sales of inventory are on credit Case X: Cash received from customers Case Y: Cash paid for rent Case Z: Cash paid for inventory

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