For Engle Company, the Balance in Accounts Receivable at the Beginning

question 121

Multiple Choice

For Engle Company, the balance in Accounts Receivable at the beginning of the period was $800. During the period $3,200 of credit sales were made to customers. If the ending balance in Accounts Receivable amounted to $400, and uncollectible accounts of $200 were written off, the amount of cash inflow from customers that would appear in the operating section of the cash statement would be:

• A) $3,400.
• B) $3,200.
• C) $4,000.
• D) $3,300.

---

Definitions:

Advantages and Disadvantages

The positive and negative aspects or outcomes associated with a particular choice or decision.

Organisation Members

Individuals who are officially part of an organization and contribute to its goals and objectives.

Knowledge Management

The systematic process of creating, sharing, using, and managing the knowledge and information of an organization to achieve its objectives.

Competitive Advantage

The unique attributes or capabilities that enable an organization to outperform its competitors, generating greater value for its stakeholders.