Question
ABC Company recognozied $500 of revenue on account and realized $400 of cash collections. The company has accrued salary expense of $300 and paid $100
ABC Company recognozied $500 of revenue on account and realized $400 of cash collections. The company has accrued salary expense of $300 and paid $100 cash for resnt. Based on this information alone, the amount of net cash flow from operating activites would be:
A.400
B.100
C.200
D.300
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Cornerstones Of Financial Accounting
Authors: Jay Rich, Jefferson Jones, Maryanne Mowen, Don Hansen, Donald Jones, Ralph Tassone
2nd Canadian Edition
0176707123, 978-0176707125
