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If the Cash Collections from Customers Amounted to $634,800 and the Accounts

Question 17

Multiple Choice

If the cash collections from customers amounted to $634,800 and the Accounts Receivable accountdecreased $19,400 during the same period, sales for the period were:


A) $634,800
B) $654,200
C) $615,400
D) indeterminable from the information given

Correct Answer:

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