Business
Business, 12.03.2020 20:32, jadabecute5939

On January 1, Year 2, Grande Company had a $66,800 balance in the Accounts Receivable account and a $2,000 balance in the Allowance for Doubtful Accounts account. During Year 2, Grande provided $169,000 of service on account. The company collected $191,100 cash from accounts receivable. Uncollectible accounts are estimated to be 1% of sales on account.

Based on this information, the amount of cash flow from operating activities that would appear on the Year 2 statement of cash flows is:

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On January 1, Year 2, Grande Company had a $66,800 balance in the Accounts Receivable account and a...

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