Q11-58. Sales totaled $830,000, accounts receivable increased by $60,000, and accounts payable decreased by $40,000. How much

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Q11-58. Sales totaled $830,000, accounts receivable increased by $60,000, and accounts payable decreased by $40,000. How much cash did the company collect from customers?

a. $730,000

c. $890,000

b. $810,000

d. $770,000 ________________________________________

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Financial Accounting International Financial Reporting Standards Global Edition

ISBN: 9781292211145

11th Edition

Authors: Charles T. Horngren, C. William Thomas, Wendy M. Tietz, Themin Suwardy, Walter T. Harrison

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Question Posted: Jul 28, 2024 03:01 AM

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Q11-58. Sales totaled $830,000, accounts receivable increased by $60,000, and accounts payable decreased by $40,000. How much

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Financial Accounting International Financial Reporting Standards Global Edition

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