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If Sales Are $850,000 and the Beginning and Ending Balances

Question 69

Multiple Choice

If Sales are $850,000 and the beginning and ending balances of Accounts Receivable are $43,000 and $48,000,respectively,the cash collected from customers is:


A) $850,000.
B) $802,000.
C) $845,000.
D) $855,000.

Correct Answer:

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