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applies to me questions displayed below) Sye Chase started and operated a small family architectural firm in Year 1. The firm was affected by two

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applies to me questions displayed below) Sye Chase started and operated a small family architectural firm in Year 1. The firm was affected by two events: (1) Chase provided $24.800 of services on account, and (2) he purchased $4,800 of supplies on account. There were $1.000 of supplies on hand as of December 31, Year 1. Exercise 13-10A Part d d. Explain why the amounts of net income and net cash flow from operating activities differ, Answer is not complete. Net Income is 24 800 Net Cash Flow from Operating Activities s 24 400 of revenue was earned on account, but none was collected of supplies were used but none were paid for $ 4.000 DULL

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