For this year, JJ company has 20,000 net earnings on the income statement and 7,000 net cash inflow from operating activities, 15,000 net cash outflow from investing activities, and 20,000 cash inflow from financing activities on the statement of cash flows. What is the accruals total reported for this period? a. O b. 5,000 c. 7,000 d. 13,000

For this year, JJ company has 20,000 net earnings on the income statement and 7,000 net cash inflow from operating activities, 15,000 net cash outflow from investing activities, and 20,000 cash inflow from financing activities on the statement of cash flows. What is the accruals total reported for this period? a. O b. 5,000 c. 7,000 d. 13,000

Cornerstones of Financial Accounting

4th Edition

ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

Chapter11: The Statement Of Cash Flows

Section: Chapter Questions

Problem 11MCQ: Chasse Building Supply Inc. reported net cash provided by operating activities of $243,000, capital...

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