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From the Following Information, Determine the Amount of Cash Received

Question 13

Multiple Choice

From the following information, determine the amount of cash received from customers during 2014.
Accounts receivable (31-Dec-2013) $63 000
Accounts receivable (31-Dec-2014) 54 000
Sales 270 000


A) $171 000
B) $189 000
C) $261 000
D) $279 000

Correct Answer:

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