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    Intermediate Accounting Study Set 2
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    Exam 21: The Statement of Cash Flows Revisited
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    Sales Revenue Is $100,000
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Sales Revenue Is $100,000

Question 150

Question 150

Multiple Choice

Sales revenue is $100,000. Accounts receivable increased by $2,000. Cash received from customers is:


A) $98,000.
B) $100,000.
C) $102,000.
D) indeterminable from the information provided.

Correct Answer:

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