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From the Information Provided Below, Determine the Amount of Cash

Question 21

Multiple Choice

From the information provided below, determine the amount of cash received from customers during 2019.
 Accounts receivable (31-Dec-2018)  $23000 Accounts receivable (31-Dec-2019)  31000 Sales 270000\begin{array} { l r } \text { Accounts receivable (31-Dec-2018) } & \$ 23000 \\\text { Accounts receivable (31-Dec-2019) } & 31000 \\\text { Sales } & 270000\end{array}


A) $239 000
B) $262 000
C) $270 000
D) $278 000

Correct Answer:

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