Multiple Choice
In 2020, Junction Corporation has cash receipts from customers of $270,000 and cash payments for operating expenses of $168,000. At January 1, 2020, accounts receivable were $30,000; at December 31, 2020 they were $34,400. Total service revenue is
A) $270,000.
B) $274,400.
C) $106,400.
D) $265,600.
Correct Answer:
Verified
Correct Answer:
Verified
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