On January 1, 2020, Glass Industries Accounts Receivable balance was $18,500; on December 31, 2020, it was
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On January 1, 2020, Glass Industries’ Accounts Receivable balance was $18,500; on December 31, 2020, it was $16,000. Sales revenue for the year was $150,000.
Required
Calculate the cash received from customers in 2020.
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