(Appendix) George Bell Inc. reported sales of $2 million for 2006. Accounts receivable decreased $400,000 and accounts...

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(Appendix) George Bell Inc. reported sales of $2 million for 2006. Accounts receivable decreased $400,000 and accounts payable increased $325,000. Compute cash receipts from customers, assuming that the receivable and payable transactions related to operations.

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Financial Accounting Text Only

ISBN: 9780006575405

5th Edition

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

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