Tropical tours would report cash collected


Tropical Tours reported revenue of $414,000 for its year ended December 31, 2013. Accounts receivable at December 31, 2012 and 2013, were $37,000 and $30,300, respectively. Using the direct method for reporting cash flows from operating activities, Tropical Tours would report cash collected from customers of?

Request for Solution File

Ask an Expert for Answer!!
Accounting Basics: Tropical tours would report cash collected
Reference No:- TGS0692820

Expected delivery within 24 Hours