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Kyoto Industries Began the Year with $81,500 in Accounts Receivable

Question 16

Multiple Choice

Kyoto Industries began the year with $81,500 in Accounts Receivable and ended the year with $79,200 in Accounts Receivable. Sales for the year were $2,100,000. The cash collected from customers during the year amounted to:


A) $2,097,700.
B) $2,181,500.
C) $2,102,300.
D) $2,179,200.

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