Multiple Choice
The Accounts Receivable account for Johnny's Mechanic Shop had a beginning balance of $35,000. During the month, Johnny made sales on account of $42,000. The ending balance in the Accounts Receivable account is $32,000. What are cash collections for the month?
A) $35,000
B) $42,000
C) $45,000
D) $77,000
Correct Answer:
Verified
Correct Answer:
Verified
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