11. Sweet Treat Ice Cream began the year with $80,000 in accounts receivable and ended the year...

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11. Sweet Treat Ice Cream began the year with $80,000 in accounts receivable and ended the year with $60,000 in accounts receivable. If sales for the year were $700,000; the cash collected from customers during the year amounted to

a. $760,000.

c. $720,000.

b. $700,000.

d. $680,000.

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