Question
accounts receivable arising from sales to customers amounted to $85,000 and $75,000 at the beginning and end of the year, respectively. Income reported on the
accounts receivable arising from sales to customers amounted to $85,000 and $75,000 at the beginning and end of the year, respectively. Income reported on the income statement for the year was $285,000. Exlusive of the effect of other adjustments, the cash flows from operating activities to be reported on the statemwnt of cash flows is
a.$285,000
b.&295,000
c.$445,000
d.$275,000
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Auditing Basics
Authors: 3G E-Learning
1st Edition
1984624261, 978-1984624260
