Cash received from customers (LO 7) On January 1, 2014, Glass Industries' Accounts Receivable balance was $10,000;
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Calculate the cash received from customers in 2014.
Accounts Receivable
Accounts receivables are debts owed to your company, usually from sales on credit. Accounts receivable is business asset, the sum of the money owed to you by customers who haven’t paid.The standard procedure in business-to-business sales is that...
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