The financial statements of Juliet Company show the following: $$\begin{array} { | l | r | r | }
\hline & \text { Beginning balance } & \text { Ending balance } \
\hline \text { Trade receivables } & \$ 28,000 & \$ 22,000 \
\hline \text { Trade payables } & \$ 21,000 & \$ 25,000 \
\hline \text { Sales } & & \$ 154,000 \
\hline
\end{array}$$ How much cash was collected from customers?
A) $148,000.
B) $150,000.
C) $154,000.
D) $160,000.

Question

The financial statements of Juliet Company show the following: $$\begin{array} { | l | r | r | } 
\hline & \text { Beginning balance } & \text { Ending balance } \
\hline \text { Trade receivables } & \$ 28,000 & \$ 22,000 \
\hline \text { Trade payables } & \$ 21,000 & \$ 25,000 \
\hline \text { Sales } & & \$ 154,000 \
\hline
\end{array}$$ How much cash was collected from customers?
A) $148,000.
B) $150,000.
C) $154,000.
D) $160,000.

Quizplus · Accepted Answer

The Answer of The financial statements of Juliet Company show the following: $$\begin{array} { | l | r | r | } 
\hline & \text { Beginning balance } & \text { Ending balance } \
\hline \text { Trade receivables } & \$ 28,000 & \$ 22,000 \
\hline \text { Trade payables } & \$ 21,000 & \$ 25,000 \
\hline \text { Sales } & & \$ 154,000 \
\hline
\end{array}$$ How much cash was collected from customers?
A) $148,000.
B) $150,000.
C) $154,000.
D) $160,000.

The Financial Statements of Juliet Company Show the Following How Much Cash Was Collected from Customers? A) $148,000

The Financial Statements of Juliet Company Show the Following How Much Cash Was Collected from Customers?
A) $148,000