The accountant at Zetec, Inc., gathered the following information: If net sales for the year ended December

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The accountant at Zetec, Inc., gathered the following information:

If net sales for the year ended December 31, 2020, were $783,200, determine the amount of cash received from customers during the year.

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Introduction To AccountingAn Integrated Approach

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Authors: Penne Ainsworth, Dan Deines

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Question Posted: Apr 27, 2023 03:44 AM

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The accountant at Zetec, Inc., gathered the following information: If net sales for the year ended December

Question:

12/31/19 12/31/20 $17,200 Accounts receivable, net $9,600

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Introduction To AccountingAn Integrated Approach

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