Multiple Choice
The balance in Accounts Receivable was $650,000 at the beginning of the year and $760,000 at the end of the year.Credit sales for the year totaled $4,130,000.During the year,$410,000 in customer accounts were written off.How much cash was collected from customers during the period?
A) $3,610,000
B) $4,020,000
C) $4,430,000
D) $4,650,000
Correct Answer:
Verified
Correct Answer:
Verified
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