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Use the following excerpts from Brownstone Companys financial statements and complete the worksheet below to determine cash received from customers in 2018. PLEASE NOTE: You

Use the following excerpts from Brownstone Companys financial statements and complete the worksheet below to determine cash received from customers in 2018.

PLEASE NOTE: You are to follow the format shown in the textbook.

Cash Collected from Sales Revenue
[ Select ]["Cash collected from Customers", "Beginning balance, Accounts Receivable", "Accrual Basis Sales", "Ending balance, Accounts Receivable", "Potential Cash Collected"] [ Select ] ["$240,000", "$20,000", "$215,000", "$25,000", "$220,000"]
[ Select ]["Beginning balance, Accounts Receivable", "Potential Cash Collected", "Accrual Basis Sales", "Cash collected from Customers", "Ending balance, Accounts Receivable"] [ Select ]["$240,000", "$215,000", "$25,000", "$20,000", "$220,000"]
[ Select ]["Accrual Basis Sales", "Potential Cash Collected", "Cash collected from Customers", "Beginning balance, Accounts Receivable", "Ending balance, Accounts Receivable"] [ Select ]["$240,000", "$220,000", "$20,000", "$215,000", "$25,000"]
[ Select ]["Cash collected from Customers", "Beginning balance, Accounts Receivable", "Potential Cash Collected", "Ending balance, Accounts Receivable", "Accrual Basis Sales"] [ Select ]["$25,000", "$215,000", "$240,000", "$220,000", "$20,000"]
[ Select ]["Accrual Basis Sales", "Potential Cash Collected", "Beginning balance, Accounts Receivable", "Ending balance, Accounts Receivable", "Cash collected from Customers"] [ Select ]["$220,000", "$215,000", "$20,000", "$240,000", "$25,000"]

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