The Following Information Is from Avatar,Inc

question 259

Multiple Choice

The following information is from Avatar,Inc.'s December 31,2011 annual report: Note: Avatar always collects cash from its customers in advance.
Cash collected from customers on Avatar,Inc.'s statement of cash flows equals ________.

• A)$80,000
• B)$89,000
• C)$84,000
• D)$76,000

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Definitions:

Catholicism

The branch of Christianity led by the Pope, characterized by its sacramental system and doctrines outlined by the Vatican.

Church

A building used for public Christian worship or the organizational body of religious believers pertaining to Christianity.

Fundamentalists

Individuals or groups adhering strictly to their religious doctrines or beliefs, often in opposition to modernist views or secularism.

Cults

Groups that often exhibit extreme or unorthodox beliefs and practices, usually led by charismatic leaders.