Revenue on Account Amounted to $9,000

question 98

Multiple Choice

Revenue on account amounted to $9,000.Cash collections of accounts receivable amounted to $8,100.Cash paid for expenses was $7,500.The amount of employee salaries accrued at the end of the year was $900.Cash flow from operating activities was

• A)$900.
• B)$600.
• C)$1,500.
• D)$8,700.

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Definitions:

Timer Starts

The initiation of a countdown or count-up process in programming or electronic circuits, used for timing operations.

Counter Program

A software or embedded logic in PLC systems designed to count instances, events, or operations, often used for automation and control tasks.

Increments

Small increases or additions, especially used in the context of gradual adjustments in data values or programming loops.