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Sales and cash collections from customers during 2021 were $660,000 and $620,000, respectively. During 2021,...

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Accounting

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Sales and cash collections from customers during 2021 were $660,000 and $620,000, respectively. During 2021, customers returned merchandise for credit of $20,000 to the accounts. False Value Hardware's 2021 income statement would report net sales of: Select one: O A. $600,000. B. $628,800. C. $640,000 D. $633,600. Next page age

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