Exercise 13-12A (Algo) Using a T-account to determine cash flow from operating activities LO 13-1 River Company began the accounting period with a $63,000 debit balance in its Accounts Receivable account. During the accounting period, River Company earned revenue on account of $340,800. The ending Accounts Receivable balance was $72,200. Required Based on this information alone, determine the amount of cash inflow from operating activities during the accounting period. (Hint: Use a T-account for Accounts Receivable. Enter the debits and credits for the given events, and solve for the missing amount.) Cash inflow from operating activities

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Chapter10: Financial Statements And Reports
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er 13 Assignment i
Exercise 13-12A (Algo) Using a T-account to determine cash flow from operating activities LO 13-1
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River Company began the accounting period with a $63,000 debit balance in its Accounts Receivable account. During the accounting
period, River Company earned revenue on account of $340,800. The ending Accounts Receivable balance was $72,200.
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Transcribed Image Text:zto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Flms.mheducation.com%252Fmghmiddleware%252Fmhe er 13 Assignment i Exercise 13-12A (Algo) Using a T-account to determine cash flow from operating activities LO 13-1 O River Company began the accounting period with a $63,000 debit balance in its Accounts Receivable account. During the accounting period, River Company earned revenue on account of $340,800. The ending Accounts Receivable balance was $72,200. Book Mc Graw Hill Search ! 1 Q A X Required Based on this information alone, determine the amount of cash inflow from operating activities during the accounting period. (Hint: Use a T-account for Accounts Receivable. Enter the debits and credits for the given events, and solve for the missing amount.) Cash inflow from operating activities F1 2 4x W S F2 4, # 3 E D F3 4) $ 4 F4 R FL DII % 5 F5 T G < Prev * F6 A 6 Saved Y A 10 of 16 O W H * F7 & 7 www www U Next > PrtScn J F8 * 8 Home F9 9 K End O F10 ) 0 PgUp FI P -
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