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III-CIOCUIUITUL BE 21-1 Determine cash received from customers LO21-3 Horton Housewares' accounts receivable decreased during the year by $5 million. What is the amount of

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III-CIOCUIUITUL BE 21-1 Determine cash received from customers LO21-3 Horton Housewares' accounts receivable decreased during the year by $5 million. What is the amount of cash Horton received from customers during the reporting period if its sales were $33 million? Prepare a summary entry that represents the net effect of the selling and collection activities during the reporting period. BE 212 Determine cash received from customers LO21-3 Page 1265 April Wood Products' accounts receivable increased during the year by $4 million. What is the amount of cash April Wood Products received from customers during the reporting period if its sales were $44 million? Prepare a summary entry that represents the net effect of the selling and collection activities during the reporting period. BE 213 Determine cash paid to suppliers L021-3 LaRoe Lawns' inventory increased during the year by $6 million. Its accounts payable increased by $5 million during the same period. What is the amount of cash LaRoe paid to suppliers of merchandise during the reporting period if its cost of goods sold was $25 million? Prepare a summary entry that represents the net effect of merchandise purchases during the

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