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on dec 31,2021, Johannsson&johanneson reported net income of 72000 and sales of 213000. Johannsson&johannesons reported beginning and ending accounts receivable as 17000 and 26000 respectively.
on dec 31,2021, Johannsson&johanneson reported net income of 72000 and sales of 213000. Johannsson&johannesons reported beginning and ending accounts receivable as 17000 and 26000 respectively. using the direct method by what amount should Johannsson&johanneson report cash collected from customers in 2021
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Intermediate Accounting
Authors: Fred Skousen, James Stice, Earl Kay Stice
14th Edition
0324013078, 9780324013078
