During the year, Beta Corp.reported $420,000 in cash sales and $2,800,000 in credit sales.Beginning Accounts Receivable was $470,000 and ending Accounts Receivable was $540,000.What was the total cash collected from all customers during the year?
A) $2,680,000
B) $2,870,000
C) $2,730,000
D) $3,150,000
Correct Answer:
Verified
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