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Determine amount of net cash flow from operating activites

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Question - During 2018, Chung Corporation earned $6,900 of cash revenue and accrued $3,800 of salaries expense.

Prepare the December 31, 2018, balance sheet.

Determine the amount of net income that Chung would report on the 2018 income statement.

Determine the amount of net cash flow from operating activities that Chung would report on the 2018 statement of cash flows.

Reference no: EM133039998

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