Will, Inc had cash sales of $500,000 and credit sales of $1,000,000 The accounts receivable balance increased $20,000 during the year How much cash did Will receive from its customers during the year A $1,480,000 B $1,080,000 C $1,520,000 D $1,120,000

Question

Will, Inc  had cash sales of $500,000 and credit sales of $1,000,000  The accounts receivable balance increased $20,000 during the year  How much cash did Will receive from its customers during the year  A  $1,480,000 B  $1,080,000 C  $1,520,000 D  $1,120,000

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Question

Will, Inc. had cash sales of $500,000 and credit sales of $1,000,000. The accounts receivable balance increased $20,000 during the year. How much cash did

Will, Inc. had cash sales of $500,000 and credit sales of $1,000,000. The accounts receivable balance increased $20,000 during the year. How much cash did Will receive from its customers during the year?

A.
$1,480,000

B.
$1,080,000

C.
$1,520,000

D.
$1,120,000

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