Question: A comparative balance sheet and income statement is shown for Cruz, Incorporated. 1. How much cash is received from sales to customers for year 2021



A comparative balance sheet and income statement is shown for Cruz, Incorporated. 1. How much cash is received from sales to customers for year 2021 ? Assume all the sales were made on credit basis. 2. What is the net increase or decrease in the Cash account for year 2021? What is the net increase or decrease in the Cash account for year 2021? How much cash is received from sales to customers for year 2021 ? Assume all the sales were made on credit basis. \begin{tabular}{|l|l|l|l|} \hline \multicolumn{3}{|c|}{ Accounts Receivable } \\ \hline Beginning balance & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline \end{tabular}
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