Arris inc began the accounting period with a 105000 debit, Ask an Expert

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Arris Inc. began the accounting period with a $105,000 debit balance in its Accounts Receivable account. During the accounting period, Farris earned revenue on account of $448,000. The ending Accounts Receivable balance was $86,000.

Required
Based on this information alone, determine the amount of cash inflow from operating activities during the accounting period.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9963246

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