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.Cash flow from operating activities was
A) $900.
B) $600.
C) $1,500.
D) $8,700.
Correct Answer:
Verified
Correct Answer:
Verified
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