Business, 19.10.2019 01:10 jlbradley429
Accounts receivable arising from trade transactions amounted to $62,000 and $78,000 at the beginning and end of the year, respectively net income reported on the income statement for the year was $125,000. exclusive of the effect of other adjustments, the cash flows from operating activities to be reported on the statement of cash flows prepared by the indirect method setect one:
a. $140,000
b. $109,000.
c. $141,000.
d. $125,000.
Answers: 2
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Accounts receivable arising from trade transactions amounted to $62,000 and $78,000 at the beginning...
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