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Ervin Company began the accounting period with $57,500 in accounts receivable. The ending balance in accounts receivable was $21,400. If the credit sales during the
Ervin Company began the accounting period with $57,500 in accounts receivable. The ending balance in accounts receivable was $21,400. If the credit sales during the period were $116,000, what is the amount of cash received from customers? Multiple Choice $57,500 $116,000 $152,100 $194,900
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