Aboard Company began the current year with the following:

During the current year,the following events occurred:

At the end of the current year,Aboard showed a balance in gross accounts receivable (before the allowance for doubtful accounts)of $16,800.
What amount would be shown as an operating cash inflow in the statement of cash flows under the indirect method?
A)$21,000
B)$22,000
C)$30,000
D)$28,200

Question

Aboard Company began the current year with the following:

During the current year,the following events occurred:

At the end of the current year,Aboard showed a balance in gross accounts receivable (before the allowance for doubtful accounts)of $16,800.
What amount would be shown as an operating cash inflow in the statement of cash flows under the indirect method?
A)$21,000 
B)$22,000 
C)$30,000 
D)$28,200

Quizplus · Accepted Answer

The Answer of Aboard Company began the current year with the following:

During the current year,the following events occurred:

At the end of the current year,Aboard showed a balance in gross accounts receivable (before the allowance for doubtful accounts)of $16,800.
What amount would be shown as an operating cash inflow in the statement of cash flows under the indirect method?
A)$21,000 
B)$22,000 
C)$30,000 
D)$28,200

Aboard Company Began the Current Year with the Following