# Compute RVD​'s net cash provided by​ (used for) operating activities during July 2018. Use the indirect...

###### Question:

Compute RVD​'s net cash provided by​ (used for) operating activities during July 2018.

Use the indirect method. ​(Use a minus sign or parentheses for amounts that result in a decrease in cash and to show net cash used for operating activities. If a box is not used in the table leave the box​ empty; do not select a label or enter a​ zero.)

 Account Beginning Balance Ending Balance Cash $6,500$3,500 Accounts Receivable 18,000 13,000 Merchandise Inventory 21,000 24,500 Accounts Payable 14,500 20,500
 Accumulated Depreciation— Equipment Retained Earnings 51,000 Jul. 1 61,000 Jul. 1 2,500 Depr. Exp. Dividends 19,000 45,000 Net Inc. 53,500 Jul. 31 87,000 Jul. 31

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