Explain cash flows from operating activities to be reported


Accounts receivable arising from sales to customers amounted to $45,000 and $50,000 at the beginning and end of the year, respectively. Income reported on the income statement for the year was $160,000. Exclusive of the effect of other adjustments, the cash flows from operating activities to be reported on the statement of cash flows is?

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Accounting Basics: Explain cash flows from operating activities to be reported
Reference No:- TGS0716555

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