BuyFind

College Accounting, Chapters 1-27

23rd Edition
HEINTZ + 1 other
Publisher: Cengage Learning,
ISBN: 9781337794756
BuyFind

College Accounting, Chapters 1-27

23rd Edition
HEINTZ + 1 other
Publisher: Cengage Learning,
ISBN: 9781337794756

Solutions

Chapter
Section
Chapter 23A, Problem 1SEA
Textbook Problem

CASH RECEIVED FROM CUSTOMERS Potts Company’s sales for 20-2 were $800,000. The Accounts Receivable balance as of December 31, 20-1, was $90,000. This same account had a balance of $75,000 as of December 31, 20-2. Compute the amount of cash received from customers in 20-2.

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