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Cash Sales and Sales on Account Were $190,000 and $650,000

Question 56

Multiple Choice

Cash sales and sales on account were $190,000 and $650,000, respectively. During the year Accounts Receivable increased by $10,000. Cash received from customers was:


A) $200,000.
B) $830,000.
C) $840,000.
D) $850,000.

Correct Answer:

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