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The Following Information Is from ABC,Inc

Question 102

Multiple Choice

The following information is from ABC,Inc.'s December 31,2011 annual report: The following information is from ABC,Inc.'s December 31,2011 annual report: Note: ABC,Inc.does not sell to its customers on account; it collects cash from its customers in advance. Cash collected from customers on ABC,Inc.'s statement of cash flows equals ________. A) $800,000 B) $802,000 C) $798,000 D) $810,000 Note: ABC,Inc.does not sell to its customers on account; it collects cash from its customers in advance.
Cash collected from customers on ABC,Inc.'s statement of cash flows equals ________.


A) $800,000
B) $802,000
C) $798,000
D) $810,000

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