During the Current Year,Todd Electronics Had $610,000 in Cash Sales

question 147

Multiple Choice

During the current year,Todd Electronics had $610,000 in cash sales and $2,220,000 in credit sales.The Accounts Receivable balance was $530,000 at the beginning of the year and $425,000 at the end of the year.What was the total cash collected from customers during the year?

• A) $2,935,000
• B) $2,830,000
• C) $2,725,000
• D) $2,325,000