Question
At January 1, 2020, Concord Inc. had accounts receivable of $77,000. At December 31, 2020, accounts receivable is $53,000. Sales revenue for 2020 total
At January 1, 2020, Concord Inc. had accounts receivable of $77,000. At December 31, 2020, accounts receivable is $53,000. Sales revenue for 2020 total $386,000. Compute Concord's 2020 cash receipts from customers. Cash receipts from customers
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Accounting Principles
Authors: Paul D Kimmel, Donald E Kieso Jerry J Weygandt
IFRS global edition
1-119-41959-4, 470534796, 9780470534793, 9781119419594 , 978-1119419617
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