Copper Corp $\text { DEPOSITS RECEIVED IN ADVANCE }$ ​

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Multiple Choice

Copper Corp.
Use the selected accounts for Copper Corp.presented below to answer the following question(s) .
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$\text { DEPOSITS RECEIVED IN ADVANCE }$ ​

-Read the information about Copper Corp..
Which of the following describes the transaction that occurred on August 7?

A) Sold to a customer on credit
B) Cash sales to daily customers
C) Collected an advance deposit in cash
D) Received cash payments of accounts receivable