Given Below Are the Activities of the Tamara Company Using the Cash Basis of Accounting,the Total Revenues for Tamara

question 144

Multiple Choice

Given below are the activities of the Tamara Company:
$\begin{array} { l } \text {Credit sales }&\$90,000 \\ \text { Cash sales}&\$50,000 \\ \text {Cash collections from credit customers }&\$ 36,000\\ \text {Purchased inventory on account }&\$27,000 \\\end{array}$

Using the cash basis of accounting,the total revenues for Tamara Company are ________.

• A) $56,000
• B) $86,000
• C) $90,000
• D) $173,000

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