Sales reported on the statement of income were $51,300. The accounts receivable balance decreased $4,100 over the

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Sales reported on the statement of income were $51,300. The accounts receivable balance decreased $4,100 over the year. Determine the amount of cash received from customers to be included in the operating section under the direct method.

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Accounting Volume 2

ISBN: 978-0176509743

2nd Canadian edition

Authors: James Reeve, Jonathan Duchac, Sheila Elworthy, Carl S. Warren

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Question Posted: Sep 21, 2024 05:15 AM

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Sales reported on the statement of income were $51,300. The accounts receivable balance decreased $4,100 over the

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Accounting Volume 2

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