Potts Companys sales for 20-2 were ($800,000.) The Accounts Receivable balance as of December 31, 20-1, was

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Potts Company’s sales for 20-2 were $$800,000.$ The Accounts Receivable balance as of December 31, 20-1, was $$90,000.$ This same account had a balance of $$75,000$ as of December 31, 20-2.

Compute the amount of cash received from customers in 20-2.

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College Accounting Chapters 1-15

ISBN: 12

19th Edition

Authors: James A Heintz, Robert W Parry

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Question Posted: May 27, 2024 02:15 AM

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Potts Companys sales for 20-2 were ($800,000.) The Accounts Receivable balance as of December 31, 20-1, was

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College Accounting Chapters 1-15

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