Answered

At Westonci.ca, we connect you with the best answers from a community of experienced and knowledgeable individuals. Get detailed and accurate answers to your questions from a community of experts on our comprehensive Q&A platform. Get precise and detailed answers to your questions from a knowledgeable community of experts on our Q&A platform.

on january 1, year 2 grande company had a $18,000 balance in the accounts receivable account and a zero balance in the allowance for doubtful accounts account. during year 2, grande provided $72,000 of service on account. the company collected $68,500 cash from accounts receivable. uncollectible accounts are estimated to be 2% of sales on account. what is the amount of cash flow from operating activities that would appear on the year 2 statement of cash flows?

Sagot :

We appreciate your time. Please come back anytime for the latest information and answers to your questions. Thanks for stopping by. We strive to provide the best answers for all your questions. See you again soon. We're dedicated to helping you find the answers you need at Westonci.ca. Don't hesitate to return for more.