From the Following Information Calculate the Cash Received from Customers

question 6

Multiple Choice

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

• A)$840 .000
• B)$900 000
• C)$840 000
• D)$820 000

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