Revenue on account amounted to $6,200. Cash collections of accounts receivable amounted to $5,900. Cash paid for expenses was $4,100. The amount of employee salaries accrued at the end of the year was $1,900. What is the net cash flow from operating activities for the year?
A) $1,800
B) $1,900
C) $2,100
D) $7,700

Question

Quizplus · Accepted Answer

Net cash flow from operating activities is calculated as cash collections minus cash paid for expenses. So, $5,900 (cash collections) - $4,100 (cash paid for expenses) = $1,800.

Revenue on Account Amounted to $6,200