Question: Use the following information for the Quick Study below. (Static) The following information apples to the questions displayed beiow] A comparative balance sheet and income
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Use the following information for the Quick Study below. (Static) The following information apples to the questions displayed beiow] A comparative balance sheet and income statement is shown for Cruz. Incorporated. QS 12-26B (Static) Direct: Computing cash received from customers LO P5 1. How much cast 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? Complete this question by entering your answers in the tabs below. Hew much cast is received from saies to customers for year 2021 ? Assume all the sales were made on credit basis
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