A firm reported that accounts receivable increased by $30 000 between the current and the...
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Accounting
A firm reported that accounts receivable increased by $30 000 between the current and the prior year. If accrual-basis sales were $200 000 the amount of cash received from customers during the year was:
Select one:
a. $30 000.
b. $170 000.
c. $230 000.
d. $200 000.
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