Billy Idol Corporation has accounts receivable of ($ 14,000) at January 1, 1998 and ($ 24,000) at

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Billy Idol Corporation has accounts receivable of \(\$ 14,000\) at January 1, 1998 and \(\$ 24,000\) at December 31, 1998. Sales revenues were \(\$ 480,000\) for the year 1998 . What is the amount of cash receipts from customers in 1998?

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Financial Accounting Tools For Business Decision Making

ISBN: 9780471169192

1st Edition

Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso

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