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ment Brief Exercise 184 (Part Level Submission) The general ledger of the Summer Company provides the following information: End of Year Beginning of Year Accounts

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ment Brief Exercise 184 (Part Level Submission) The general ledger of the Summer Company provides the following information: End of Year Beginning of Year Accounts Receivable $64,000 $84,000 Inventory 240,000 205,000 Accounts Payable 42,000 62,000 The company's net sales for the year was $2,000,000 and cost of goods sold amounted to $1,700,000. Compute the following: (a) Compute cash receipts from customers Cash receipts from customers Click if you would like to Show Work for this question: Open Show Work By accessing this question Assistance, you will learn while you earn points based on the Point Potential Policy set by your instruc By accessing this Question Assistance, you will leam while you earn points based on the Point Potential Policy set by your instructor 11 (b) Compute cash payments to suppliers Cash payments to suppliers Click if you would like to Show Work for this question: geen Show Work By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Polley set by your instructor W Right Di W o is pe here to search

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