Jackson Company Began the Current Year with the Following

question 6

Multiple Choice

Jackson Company began the current year with the following:

During the current year, the following events occurred:

At the end of the current year, the company showed a balance in gross accounts receivable (before the allowance for doubtful accounts) of $16,800.
What amount would be shown as an operating cash inflow in the statement of cash flows under the indirect method?

• A) $21,000
• B) $22,000
• C) $30,000
• D) $28,200