Question
Cash Received from Customers Potts Company's sales for 20-2 were $781,920. The Accounts Receivable balance as of December 31, 20-1, was $91,780. This same account
Cash Received from Customers
Potts Company's sales for 20-2 were $781,920. The Accounts Receivable balance as of December 31, 20-1, was $91,780. This same account had a balance of $77,380 as of December 31, 20-2.
Compute the amount of cash received from customers in 20-2.
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Financial Accounting
Authors: W Steve Albrecht, Earl K Stice
11th Edition
0538746955, 9780538746953
