can begin its operations.
___________________ - Amounts earned from the sale of products (sales revenue, service revenue, and interest revenue).
________________ - Goods available for sale to customers.
Operating Activities (cont.):
_____________ - Right to receive money from a customer, in the future, as the result of a sale.
_____________- cost of assets consumed or services used. (cost of goods sold, selling, marketing, administrative, interest, and income taxes expense).
________________…
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