Accounts Receivable Arising from Sales to Customers Amounted To $¥ 350,000$

question 9

Multiple Choice

Accounts receivable arising from sales to customers amounted to $¥ 350,000$ and $¥ 400,000$ at the beginning and end of the year, respectively. Income reported on the income statement for the year was $¥ 1,500,000$ . Exclusive of the effect of other adjustments, the cash flows from operating activities to be reported on the statement of cash flows is

• A) \(¥ 1,500,000\).
• B) \(¥ 1,550,000\).
• C) \(¥ 1,850,000\).
• D) \(¥ 1,450,000\).

---

Definitions:

Alternative Payees

Parties other than the original recipient designated to receive payments or benefits in specific arrangements.

Payable

Refers to an amount of money that is owed and should be paid, often within a specific period of time.

Instrument

Refers to a legal document formalizing an agreement or right, often used in financial transactions.

Certified Check

A check that is accepted by the bank from which the funds are drawn.