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Restless Company's 20B Income Statement Reported Total Sales Revenue of $100,000

Question 12

Multiple Choice

Restless Company's 20B income statement reported total sales revenue of $100,000. The 20A-20B, comparative statements of financial position showed that trade receivables decreased by $10,000. What were the 20B "cash receipts from customers"?


A) $90,000.
B) $110,000.
C) $80,000.
D) $100,000.

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