Solution-Determine amount of cash inflow from operating

Determine amount of cash inflow from operating activities

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Question - River Co. began the accounting period with a $77,000 debit balance in its Accounts Receivable account. During the accounting period, River Co. earned revenue on account of $333,400. The ending Accounts Receivable balance was $69,500.

Based on this information alone, determine the amount of cash inflow from operating activities during the accounting period.

Reference no: EM133051799

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Determine amount of cash inflow from operating activities

Reference no: EM133051799

Reference no: EM133051799

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