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Tropical Tours reported revenue of $405,000 for its year ended December 31, 2021. Accounts receivable at December 31, 2020 and 2021, were $36,400 and $31,200,
Tropical Tours reported revenue of $405,000 for its year ended December 31, 2021. Accounts receivable at December 31, 2020 and 2021, were $36,400 and $31,200, respectively. Using the direct method for reporting cash flows from operating activities, Tropical Tours would report cash collected from customers of Multiple Choice (0) $441,400 $410,200. (0) O $399.800. $405,000
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Financial Accounting Tools for Business Decision Making
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso, Barbara Trenholm, Wayne Irvine
6th Canadian edition
1118644948, 978-1118805084, 1118805089, 978-1118644942
