Leo Company Reported Sales of $200,000 During Year 2 A)$204,000
B)$210,000
C)$290,000
D)$190,000
Leo Company reported sales of $200,000 during Year 2. Leo's balance sheets for Year 2 and Year 1 showed the following: Based on this information, how much cash did Leo collect from sales during Year 2?
A) $204,000
B) $210,000
C) $290,000
D) $190,000
Correct Answer:
Verified
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