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Revenue on Account Amounted to $9,000

Question 156

Multiple Choice

Revenue on account amounted to $9,000. Cash collections of accounts receivable amounted to $8,100. Cash paid for expenses was $7,500. The amount of employee salaries accrued at the end of the year was $900. What is the net cash flow from operating activities for the year?


A) $900
B) $600
C) $1,500
D) $8,700

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