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Land Reclamation Industries Began the Year with $46,700 in Accounts

Question 14

Multiple Choice

Land Reclamation Industries began the year with $46,700 in Accounts Receivable and ended the year with $31,900 in Accounts Receivable. If sales for the year were $687,000, the cash collected from customers during the year amounted to:


A) $701,800
B) $733,700
C) $655,100
D) $672,200

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