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The general ledger of the Summer Company provides the following information: The company's net sales for the year was $2,000,000 and cost of goods sold

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The general ledger of the Summer Company provides the following information: 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: Compute cash receipts from customers Cash receipts from customers $ Compute cash payments to suppliers Cash payments to suppliers $

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