Question: Using the following information, compute cash collected from customers. Write the dollar amount of your answer. (Do not write the dollar sign.) Sales $10,000 Cost
Using the following information, compute cash collected from customers. Write the dollar amount of your answer. (Do not write the dollar sign.) Sales $10,000 Cost of goods sold 5,800 Operating expenses 3,800 End of Year Beginning of Year Prepaid operating expenses $1,000 $700 Accounts payable 1,350 1,200 Inventory 2,500 2,100 Accounts receivable 1,400 1,200
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