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In 2018, Weatherford Company collected $160,000 from customers for goods sold on credit. During the year, Weatherfords accounts receivable decreased $10,000. The amount of sales
In 2018, Weatherford Company collected $160,000 from customers for goods sold on credit. During the year, Weatherfords accounts receivable decreased $10,000. The amount of sales revenue Weatherford recognized in its 2018 income statement was closest to:
$150,000.
$160,000.
$140,000.
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