Explain why the cash received from customers for the year, Accounting Basics

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Explain why the cash received from customers for the year

A company reported annual sales revenue of $450,000. During the year, accounts receivable decreased from a $14,000 beginning balance to a $12,000 ending balance. Accounts payable decreased from a $11,000 beginning balance to a $8,000 ending balance. How much is cash received from customers for the year?

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Accounting Basics: Explain why the cash received from customers for the year

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Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: Explain why the cash received from customers for the year

Reference No:- TGS0703890

Have a Question? (oR Write a Review)

Recent Questions Asked Accounting Basics

Q : What concentration of hcl have ph of three

Q : Balanced half-reaction

Q : What is the angle of the velocity vector

Q : Calculate herberts gross income

Q : Explain why the cash received from customers for the year

Q : How long is the ball in the air between the two bounces

Q : Ph of the diluted buffer

Q : Find the distance between the two cities

Q : By how much temperature rise when phenol is burned

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Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: Explain why the cash received from customers for the year

Reference No:- TGS0703890

Recent Questions Asked Accounting Basics

Q : What concentration of hcl have ph of three

Q : Balanced half-reaction

Q : What is the angle of the velocity vector

Q : Calculate herberts gross income

Q : Explain why the cash received from customers for the year

Q : How long is the ball in the air between the two bounces

Q : Ph of the diluted buffer

Q : Find the distance between the two cities

Q : By how much temperature rise when phenol is burned

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