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Posted on Jun 10, 2024

On January 1 , 2 0 2 0 , Pharoah Industries' Accounts Receivable balance was $ 1 8 , 0 0 0 ; on December

On January

1, 2020,

Pharoah Industries' Accounts Receivable balance was $

18, 000

; on December

31, 2020,

it was $

16, 000 .

Sales

revenue for the year was $

144, 000 .

Calculate the cash received from customers in

2020 .

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