The Opening and Closing Balances of Accounts Receivable Were $200

question 12

Multiple Choice

The opening and closing balances of accounts receivable were $200 000 and $270 000 respectively.Sales on credit were $200 000.What was the amount of cash received from customers?

• A) $130 000
• B) $200 000
• C) $270 000
• D) $300 000