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E3 question-groupIEZAS PuuXlYyOcabiam cuve Saved The beginning account balances for Terry's Auto Shop as of January 1 Year 2 follow 6 Ant Tiles Cash eventory

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E3 question-groupIEZAS PuuXlYyOcabiam cuve Saved The beginning account balances for Terry's Auto Shop as of January 1 Year 2 follow 6 Ant Tiles Cash eventory Con Stock Metained ning beginning Balances $6,010 3,190 7.490 1,710 Pantoa The following events affected the company during the Year 2 accounting period 3 1. Purchased merchandise on account that cost $4100 2. The goods in Event I were purchased FOB shipping point with freight cost of $270 cash 3. Returned $430 of damaged merchandise for credit on account 4. Agreed to keep other damaged merchandise for which the company received a 5285 allowance 5. Sold merchandise that cost $2.680 for 54.810 cash 6. Delivered merchandise to customers in Events under terms FOB destination with freight costs amounting to 5190 cash 7. Paid $2,980 on the merchandise purchased in Event c. Why does a difference exist between net income and net cash flow from operating activities! Multiple Choice The difference between come and how to secure for when egnet come O how to down because these

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