The Opening and Closing Balances of Accounts Receivable Were $200

question 12

Multiple Choice

The opening and closing balances of accounts receivable were $200 000 and $270 000 respectively.Sales on credit were $200 000.What was the amount of cash received from customers?

• A) $130 000
• B) $200 000
• C) $270 000
• D) $300 000

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Definitions:

Communication

The process of conveying information or expressing ideas and feelings through verbal, nonverbal, written, or visual means.

Motivation

The internal and external factors that stimulate people to take actions that lead to achieving a goal.

Reporting Relationships

The formal lines of authority and accountability within an organization, detailing who reports to whom.

Communication Linkages

The channels and methods by which information is shared and transferred within an organization or between different entities.