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If Sales Are $680,000 and the Beginning and Ending Balances

Question 100

Multiple Choice

If sales are $680,000 and the beginning and ending balances of Accounts Receivable are $34,400 and $38,400,respectively,the cash collected from customers is:


A) $680,000.
B) $641,600.
C) $676,000.
D) $684,000.

Correct Answer:

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