Operating Activities - Inventory Goods available for sale...

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Operating Activities Once a business has the assets it needs, it can begin its operations. Revenues - Amounts earned from the sale of products (sales revenue, service revenue, and interest revenue).
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Unformatted text preview: Inventory- Goods available for sale to customers. Accounts receivable- Right to receive money from a customer,in the future, as the result of a sale....
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This note was uploaded on 01/03/2012 for the course ACCOUNTING ac 201 taught by Professor - during the Spring '11 term at Montgomery.

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