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Exclusive of the effect of other adjustments the cash flows

Question - Accounts receivable arising from sales to customers amounted to $120,000 and $51,000 at the beginning and end of the year, respectively. Income reported on the income statement for the year was $214,000. Exclusive of the effect of other adjustments, the cash flows from operating activities to be reported on the statement of cash flows is

A. $145,000.

B. $214,000.

C. $265,000.

D. $283,000.

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Accounting Basics: Exclusive of the effect of other adjustments the cash flows

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Accounting Basics: Exclusive of the effect of other adjustments the cash flows

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