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    Cornerstones of Financial Accounting Study Set 3
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    Exam 11: The Statement Of Cash Flows
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    If Accounts Receivable Decreased During the Year, Then Cash Collections
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If Accounts Receivable Decreased During the Year, Then Cash Collections

Question 105

Question 105

Short Answer

If Accounts Receivable decreased during the year, then cash collections must have been ____________________ than sales on account for the period.

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