Clark, Inc., had net sales for the year of ($ 925,000). Accounts receivable increased from ($ 80,000)
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Clark, Inc., had net sales for the year of \(\$ 925,000\). Accounts receivable increased from \(\$ 80,000\) at the beginning of the year to \(\$ 162,000\) at year-end. Compute the amount of cash collected during the year from customers.
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Related Book For
Financial & Managerial Accounting
ISBN: 9780073526997
15th Edition
Authors: Jan Williams, Sue Haka, Mark Bettner, Joseph Carcello
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