Peppertree Copy Center had accounts receivable of ($ 20,000) at the beginning of the year and ($

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Peppertree Copy Center had accounts receivable of $\$ 20,000$ at the beginning of the year and $\$ 50,000$ at year-end. Revenue for the year totaled $\$ 110,000$. How much cash did Peppertree collect from customers?

a. $\$ 180,000$

b. $\$ 140,000$

c. $\$ 130,000$

d. $\$ 80,000$

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Accounting

ISBN: 9780132439602

7th Edition

Authors: Charles T. Horngren, Walter T. Harrison

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Question Posted: May 11, 2024 11:05 PM

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Peppertree Copy Center had accounts receivable of ($ 20,000) at the beginning of the year and ($

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Accounting

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