Question: Acct301 DeVry Student Portal * Week 7: Homework X Question 2 - Week 7: Homework X Question 5- Week 7: Quiz - Con X +

Acct301

Acct301 DeVry Student Portal * Week 7: Homework X Question 2 -

DeVry Student Portal * Week 7: Homework X Question 2 - Week 7: Homework X Question 5- Week 7: Quiz - Con X + O X C ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252FIms.mheducation.com%252Fmghmiddleware%252Fmhepr.. Q Week 7 Homework Saved Help Save & Exit Submit Check my work 2 Castile Inc. had a beginning balance of $4,000 In its Accounts Receivable account The ending balance of Accounts Receivable was $4,500. During the period, Castile recognized $68,000 of revenue on account Castile's Salaries Payable account has a beginning balance of $2,600 and an ending balance of $1,500. During the period, the company recognized $46,000 of accrued salary expense 5 points Required Skipped a. Based on the Information provided, determine the amount of net income. b. Based on the Information provided, determine the amount of net cash flow from operating activities. Book Net income Net cash flow from operating activities Ask Print References

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