Wellington Cabinets Sells Its Merchandise on Account How Much Cash Did Wellington Cabinets Collect from Customers During

question 28

Multiple Choice

Wellington Cabinets sells its merchandise on account.The company has provided the following information for 2018 and 2017: $\begin{array}{lrr}&2018&2017\\\text { Accounts receivable } & \$ 1 \overline{25,000} & \$ 1 \overline{32,000} \\\text { Sales } & 1,800,000 & 1,650,000\end{array}$ How much cash did Wellington Cabinets collect from customers during 2018?

• A)$1,925,000
• B)$1,807,000
• C)$1,793,000
• D)$157,000

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Definitions:

Amoeboids

Organisms characterized by their ability to change shape due to the movement of their pseudopodia, aiding in locomotion and feeding.

Euglenids

Unicellular organisms that are mostly autotrophic, belonging to the kingdom Protista.

Dinoflagellates

A group of single-celled organisms found in marine and freshwater environments, known for their role in algal blooms and as a food source in aquatic food chains.

Supergroup

Systematic term used to classify the major groups of eukaryotes based on DNA similarities.