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A company reported annual sales revenue of $2,772,000. During the year, accounts receivable decreased from...

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Accounting

A company reported annual sales revenue of $2,772,000. During the year, accounts receivable decreased from a $102,000 beginning balance to a $69,600 ending balance. How much cash was received from customers for the year?

Select one:

A. $2,804,400

B. $3,036,600

C. $3,003,000

D. $ 33,600

E. None of the above

Answer & Explanation Solved by verified expert
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