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The Updike Company reported a beginning balance of $800 and an ending balance of $1,100 in its Unearned Revenue account for 2009. During the year,

The Updike Company reported a beginning balance of $800 and an ending balance of $1,100 in its Unearned Revenue account for 2009. During the year, $4,000 of revenue was recognized. Based on this information, how much cash was received from customers?

(2pts)

$4,000

$4,100

$4,300

$4,500

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Question

The Updike Company reported a beginning balance of $800 and an ending balance of $1,100 in its Unearned Revenue account for 2009. During the year,

The Updike Company reported a beginning balance of $800 and an ending balance of $1,100 in its Unearned Revenue account for 2009. During the year, $4,000 of revenue was recognized. Based on this information, how much cash was received from customers? (2pts) $4,000 $4,100 $4,300 $4,500

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Step: 1

Get Instant Access with AI-Powered Solutions

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Step: 3

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The Updike Company reported a beginning balance of $800 and an ending balance of $1,100 in its Unearned Revenue account for 2009. During the year, $4,000 of revenue was recognized. Based on this information, how much cash was received from customers?

(2pts)

$4,000

$4,100

$4,300

$4,500