Land Reclamation Industries Began the Year with $46,700 in Accounts

question 53

Multiple Choice

Land Reclamation Industries began the year with $46,700 in Accounts Receivable and ended the year with $31,900 in Accounts Receivable.If sales for the year were $687,000,the cash collected from customers during the year amounted to:

• A) $655,100
• B) $672,200
• C) $701,800
• D) $733,700