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At January 1, 2020, Flint Inc. had accounts receivable of $72,000. At December 31, 2020, accounts receivable is $51,000. Sales revenue for 2020 total $444,000.
At January 1, 2020, Flint Inc. had accounts receivable of $72,000. At December 31, 2020, accounts receivable is $51,000. Sales revenue for 2020 total $444,000. Compute Flints 2020 cash receipts from customers.
Cash receipts from customers | $ |
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