Question: with complete solutions, journal entry (if ever) and answer. The following information is taken from the 2020 general ledger of Robinson Company: Sales revenue 18,000,000

with complete solutions, journal entry (if ever) and answer.
with complete solutions, journal entry (if ever) and answer. The following information

The following information is taken from the 2020 general ledger of Robinson Company: Sales revenue 18,000,000 Accounts receivable, Jan. 1 1,500,000 Accounts receivable, Dec. 31 800,000 In the cash flow statement, how much will be presented as collections from customers during 2020? Rent expense Prepaid rent, January 1 Prepaid rent, December 31 3,100,000 500,000 720,000 How much cash payment for rental will be presented under operating activities? Salaries expense Salaries payable, January 1 Salaries payable, Dec. 31 5,400,000 50,000 120,000 How much cash payment for salaries will be presented under operating activities? 1.4 Commission income Unearned commission, Jan. 1 Unearned commission, Dec. 31 2,000,000 320,000 190,000 How much commission was collected during the year

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