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    Business
  3. Study Set
    Accounting Information for Business Decisions
  4. Exam
    Exam 9: The Cash Flow Statement: Content and Use
  5. Question
    If the Accounts Receivable Balance Increases During the Accounting Period
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If the Accounts Receivable Balance Increases During the Accounting Period

Question 39

Question 39

Short Answer

If the accounts receivable balance increases during the accounting period, this means _________ cash was collected than the amount of credit sales made for the period.

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