Determine the amount of cash received from customers for each of the two independent situations below. $$\begin{array} { | c | c | c | c | }
\hline \text{Situation} & \begin{array} { c }
\text { Sales } \
\text { Situation }
\end{array} & \begin{array} { c }
\text { Accounts } \
\text { receivable } \
\text { revenue }
\end{array} & \begin{array} { c }
\text { Cash } \
\text { received } \
\text { from } \
\text { customers }
\end{array} \
\hline 1 & \$ 300,000 & \$ 10,000 & ? \
\hline 2 & 300,000 & ( 10,000 ) & ? \
\hline
\end{array}$$

Question

Determine the amount of cash received from customers for each of the two independent situations below. $$\begin{array} { | c | c | c | c | } 
\hline \text{Situation} & \begin{array} { c } 
\text { Sales } \
\text { Situation }
\end{array} & \begin{array} { c } 
\text { Accounts } \
\text { receivable } \
\text { revenue }
\end{array} & \begin{array} { c } 
\text { Cash } \
\text { received } \
\text { from } \
\text { customers }
\end{array} \
\hline 1 & \$ 300,000 & \$ 10,000 & ? \
\hline 2 & 300,000 & ( 10,000 ) & ? \
\hline
\end{array}$$

Quizplus · Accepted Answer

The Answer of Determine the amount of cash received from customers for each of the two independent situations below. $$\begin{array} { | c | c | c | c | } 
\hline \text{Situation} & \begin{array} { c } 
\text { Sales } \
\text { Situation }
\end{array} & \begin{array} { c } 
\text { Accounts } \
\text { receivable } \
\text { revenue }
\end{array} & \begin{array} { c } 
\text { Cash } \
\text { received } \
\text { from } \
\text { customers }
\end{array} \
\hline 1 & \$ 300,000 & \$ 10,000 & ? \
\hline 2 & 300,000 & ( 10,000 ) & ? \
\hline
\end{array}$$

Determine the Amount of Cash Received from Customers for Each