Sales revenue for Hy Marx Tutoring was $620,000. The following data are from the accounting records of Marx: Accounts receivable, January 1 $ 106,000 Accounts receivable, December 31 75,000 The cash received from customers was: Multiple Choice $545,000. $651,000. $589,000. $620,000.
Sales revenue for Hy Marx Tutoring was $620,000. The following data are from the accounting records of Marx: Accounts receivable, January 1 $ 106,000 Accounts receivable, December 31 75,000 The cash received from customers was: Multiple Choice $545,000. $651,000. $589,000. $620,000.
Chapter7: Accounting Information Systems
Section: Chapter Questions
Problem 5EB: Catherines Cookies has a beginning balance in the Accounts Receivable control total account of...
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Sales revenue for Hy Marx Tutoring was $620,000. The following data are from the accounting records of Marx:
$ | 106,000 | ||
Accounts receivable, December 31 | 75,000 | ||
The cash received from customers was:
Multiple Choice
-
$545,000.
-
$651,000.
-
$589,000.
-
$620,000.
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