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Accounts receivable arising from sales to customers amounted to $120,000 and $51,000 at the beginning and end of the year, respectively. Income reported on the
Accounts receivable arising from sales to customers amounted to $120,000 and $51,000 at the beginning and end of the year, respectively. Income reported on the income statement for the year was $214,000. Exclusive of the effect of other adjustments, the cash flows from operating activities to be reported on the statement of cash flows is
| A. | $145,000. |
| B. | $214,000. |
| C. | $265,000. |
| D. | $283,000. |
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College Accounting Chapters 1-13
Authors: John Price
14th Edition
007763991X, 9780077639914
