The beginning balance in accounts receivable is $44,000, the ending balance is $42,000, and sales during the
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The beginning balance in accounts receivable is $44,000, the ending balance is $42,000, and sales during the period are $129,000. What are cash receipts from customers?
(a) $127,000.
(b) $129,000.
(c) $131,000.
(d) $141,000.
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Financial Accounting Tools For Business Decision Making
ISBN: 9780471691952
3rd Edition
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
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