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answer this During 202, its second year in operation, Banner Company delivered goods to customers for which customers paid or promised to pay $5,850,000. The
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During 202, its second year in operation, Banner Company delivered goods to customers for which customers paid or promised to pay $5,850,000. The amount of cash collected from customers was $5,960,000. The amount of trade receivables at the beginning of 202 was $1,200,000. What is the amount of sales revenue that Banner should report on its statement of 202 ? Multiple Choice $4,760,000 $5,960,000 $4,650,000. $5,850,000Step by Step Solution
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