Multiple Choice
Ervin Company began the accounting period with $64,000 in accounts receivable.The ending balance in accounts receivable was $40,000.If the credit sales during the period were $588,000,what is the amount of cash received from customers?
A) $564,000
B) $612,000
C) $24,000
D) $548,000
Correct Answer:
Verified
Correct Answer:
Verified
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