FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Kingbird Import Company had credit sales of $1824000. The beginning accounts receivable balance was $188000 and the ending
accounts receivable balance was $319000. Using the direct method of reporting cash flows from operating activities, what were the
cash collections from customers during the period?
$2069000.
$1824000.
$2012000.
O $1693000.
OO
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Transcribed Image Text:Kingbird Import Company had credit sales of $1824000. The beginning accounts receivable balance was $188000 and the ending accounts receivable balance was $319000. Using the direct method of reporting cash flows from operating activities, what were the cash collections from customers during the period? $2069000. $1824000. $2012000. O $1693000. OO
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