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Rader Company had credit sales of $600,000. The beginning accounts receivable balance was $40,000 and the ending accounts receivable balance was $140,000. What were the
Rader Company had credit sales of $600,000. The beginning accounts receivable balance was $40,000 and the ending accounts receivable balance was $140,000. What were the cash collections from customers during the period?
a. $700,000
b. $600,000
c. $500,000
d. $640,000
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QuickBooks Step-by-Step Guide To Bookkeeping And Accounting For Beginners
Authors: Kevin Ellis
1st Edition
1951345126, 978-1951345129
