Camerons Cars reported sales of $2 million for 2015. Accounts receivable increased $200 000 and accounts payable

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Cameron’s Cars reported sales of $2 million for 2015. Accounts receivable increased $200 000 and accounts payable increased $400 000. Calculate cash receipts from customers, assuming that the receivable and payable transactions related to operations.

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Financial Accounting Reporting Analysis And Decision Making

ISBN: 9780730313748

5th Edition

Authors: Shirley Carlon, Rosina Mladenovic Mcalpine, Chrisann Palm, Lorena Mitrione, Ngaire Kirk, Lily Wong

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