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During the Current Year,Todd Electronics Had $610,000 in Cash Sales

Question 147

Multiple Choice

During the current year,Todd Electronics had $610,000 in cash sales and $2,220,000 in credit sales.The Accounts Receivable balance was $530,000 at the beginning of the year and $425,000 at the end of the year.What was the total cash collected from customers during the year?


A) $2,935,000
B) $2,830,000
C) $2,725,000
D) $2,325,000

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