During the Year a Firm Reported That Accounts Receivable Had

question 41

Multiple Choice

During the year a firm reported that accounts receivable had increased by $35 000. If accrual basis sales were $200 000 the amount of cash received from customers during the year must have been:

• A) $165 000.
• B) $190 000.
• C) $210 000.
• D) $235 000.

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Definitions:

Religious Sect

A subgroup within a larger religion, often distinguished by specific beliefs, practices, or interpretations of sacred texts.

Devout Members

Individuals who are deeply committed and faithfully adhere to the beliefs, practices, and rituals of a particular religion or ideology.

Established Religion

A religion officially endorsed by a state or government, often with legal and financial support.

Routinization Of Charisma

The process by which the unique and extraordinary qualities of a charismatic leader are institutionalized in an organization or social movement.