If Cash Collected from Customers for 2011 Is $780,000 and Accounts

question 124

Essay

If cash collected from customers for 2011 is $780,000 and accounts receivable increased by $20,000 during the year, calculate the amount of sales for 2011.

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Definitions:

Enzyme

Biological molecules that act as catalysts, speeding up chemical reactions in the body without being consumed in the process.

Mutant Gene

A gene that has undergone mutation, altering its original function, which can have various effects on an organism's phenotype.

Uracil

(uracil) A nitrogenous pyrimidine base found in RNA.

Adenine

A purine nucleobase that pairs with thymine in DNA and uracil in RNA, essential for the structure of nucleic acids.