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Sales revenue for Hy Marx Tutoring was $500,000. The following data are from the accounting records of Marx: Accounts receivable, January 1 $94,000 Accounts receivable,
Sales revenue for Hy Marx Tutoring was $500,000. The following data are from the accounting records of Marx: Accounts receivable, January 1 $94,000 Accounts receivable, December 31 69,000 The cash received from customers was: Multiple Choice $431,000 $475,000 $500,000 $525,000
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