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EA17. LO 16.6 Use the following excerpts from Algona Company's financial statements to determine cash received from customers in 2018. From Balance Sheets: Accounts Receivable
EA17. LO 16.6 Use the following excerpts from Algona Company's financial statements to determine cash received from customers in 2018. From Balance Sheets: Accounts Receivable From Income Statement: Sales Solution Dec. 31, 2018 $ 85,000 Dec. 31, 2017 $105,000 2018 700,000 Beginning Accounts Receivable Sales Potential Cash Collected Ending Accounts Receivable Cash collected
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