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Cash collections from customers during 2010 were $300,500, while net accounts receivable increased $5,000. Sales reported on the income statement were: A) $300,500 B) $295,500
Cash collections from customers during 2010 were $300,500, while net accounts receivable increased $5,000. Sales reported on the income statement were:
A) $300,500
B) $295,500
C) $305,000
D) $310,500
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