Question: Use the following information for the Quick Study below. (Algo) The following information applies to the questions displayed below] A comparative balance sheet and income

following information applies to the questions displayed below] A comparative balance sheet

Use the following information for the Quick Study below. (Algo) The following information applies to the questions displayed below] A comparative balance sheet and income statement is shown for Cruz, Incorporated. S 16.26B (Algo) Direct: Computing cash received from customers LO P5 1. How much cash is received from saies 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? Complete this question by entering your answers in the tabs below. How much cash is received from sales to customers for year 2021 ? Assume sil the sales were made on credit basis

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