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A company reported annual sales revenue of $845,000. During the year accounts receivable increased from a $14,000 beginning balance to a $19,000 ending balance. Accounts
A company reported annual sales revenue of $845,000. During the year accounts receivable increased from a $14,000 beginning balance to a $19,000 ending balance. Accounts payable decreased from a $13,000 beginning balance to a $6,000 ending balance. How much is cash received from customers for the year? Select one: A. $833,000 B. $864,000 C. $840,000 D. $850,000
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