The unearned revenue account for Ventura Enterprises Ltd. showed an opening balance of $3,000 credit and an

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The unearned revenue account for Ventura Enterprises Ltd. showed an opening balance of $3,000 credit and an ending balance of $10,000 credit. If Ventura reported total revenues of $600,000 for the year, and accounts receivable increased by $4,000.

How much will Ventura report as Cash Collected from Customers on their direct method statement of cash flows?

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Financial accounting

ISBN: 978-0132751124

9th edition

Authors: Walter T. Harrison Jr., Charles T. Horngren, C. William Thom

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Posted Date: Mar 25, 2024 04:00 AM

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The unearned revenue account for Ventura Enterprises Ltd. showed an opening balance of $3,000 credit and an

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Cash Collected from Customers for Ventura Enterprises Ltd Heres how to calculate the Cash Collected ... View the full answer

Financial accounting

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