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From the Following Information Calculate the Cash Received from Customers

question 6

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From the following information calculate the cash received from customers.  Accounts receivable opening blance $20,000 Credit Sales $860,000 Accounts receivable closing balance $40,000\begin{array} { l l } \text { Accounts receivable opening blance } & \$ 20,000 \\\text { Credit Sales } & \$ 860,000 \\\text { Accounts receivable closing balance } & \$ 40,000\end{array}


Definitions:

RFID

Radio-Frequency Identification (RFID) is a technology used to automatically identify and track tags attached to objects using electromagnetic fields. It is used for inventory management, tracking, access control, and a multitude of other applications.

Medium-Range Wireless Networks

Wireless networks designed to cover areas larger than short-range networks like Bluetooth but not as extensive as long-range networks, typically used in local area networks (LANs).

LAN

Denotes a network technology designed for connecting computers within a localized setting, such as an office or home, facilitating communication and resource sharing.

MAN

Metropolitan Area Network, a network that covers a larger geographical area than a LAN but smaller than a WAN, often used to connect multiple LANs within a city or metropolitan area.

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