Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. sales reported on the income statement were $779,0

Sales reported on the income statement were $779,000. The accounts receivable balance decreased $48,000 over...

60.1K

Verified Solution

Question

Accounting

Sales reported on the income statement were $779,000. The accounts receivable balance decreased $48,000 over the year.

Determine the amount of cash received from customers.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Biology
1.2K views

Compare and contrast the influence of different phospholipid chain lengths and degree of saturation in membrane...

Medical Sciences
1.2K views

discuss the gas exchange mechanism in the body

Physics
1.2K views

A coal-fired power plant uses 400 â—¦C steam to turn a turbine. Afterwards, the steam is...

Basic Math
1.2K views

1 The air in a diver s lungs takes up a volume of 4 qt...

Basic Math
1.2K views

A cylinder with a diameter of 16 yd and a height of 12 yd.3467.84 yd2412.74...

Algebra
1.2K views

Weekly wages at a certain factory are normally distributed with a mean of 400 and...

Accounting
1.2K views

Saved Required information (The following information applies to the questions displayed below.) On October 1,...

Accounting
1.2K views

Please help. Thank you! ABC Corporation is organized and operating under...

Accounting
1.2K views

P8-5B. From the following ledger balances and additional data below, complete the following for Callahan...

Accounting
1.2K views

The term "inventory," for a merchandiser, refers to A. raw materials that...

Finance
1.2K views

At the end of this fiscal year, ABC Company's balance sheet showed $5,339,731 of long...

Accounting
1.2K views

X Company is thinking about expanding the production of Product X and eliminating Product Y....