If Sales Are $850,000 and the Beginning and Ending Balances

question 69

Multiple Choice

If sales are $850,000 and the beginning and ending balances of accounts receivable are $43,000 and $48,000,respectively,the cash collected from customers is:

• A)$850,000
• B)$802,000
• C)$845,000
• D)$855,000

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