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    Introduction to Management Accounting Study Set 3
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    Exam 16: Basic Accounting Concepts, Techniques, and Conventions
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    Crosby Company Reported Sales on Account of $250,000, an Increase
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Crosby Company Reported Sales on Account of $250,000, an Increase

Question 16

Question 16

Multiple Choice

Crosby Company reported sales on account of $250,000, an increase in inventory of $70,000, and a decrease in accounts receivable of $20,000. _ was received from Crosby Company's customers.


A) $230,000
B) $320,000
C) $270,000
D) $180,000

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