ReNew Corporation Had Accounts Receivable of $90,000 at the Beginning

question 84

Multiple Choice

ReNew Corporation had accounts receivable of $90,000 at the beginning the year and $100,000 at the end of the year. Sales on account for the year amounted to $465,000. The amount to be reported on the statement of cash flows under the operating activities is:

• A)$475,000.
• B)$ 10,000.
• C)($10,000).
• D)$455,000.

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