Sales revenue for Hy Marx Tutoring was $620,000. The following data are from the accounting records of Marx:    Accounts receivable, January 1 $ 106,000    Accounts receivable, December 31 75,000       The cash received from customers was:    Multiple Choice     1. $545,000.     2. $651,000.     3. $589,000.     4. $620,000

Principles of Accounting Volume 1
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ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter7: Accounting Information Systems
Section: Chapter Questions
Problem 5EA: Catherines Cookies has a beginning balance in the Accounts Payable control total account of $8,200....
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Sales revenue for Hy Marx Tutoring was $620,000. The following data are from the accounting records of Marx: 

 

Accounts receivable, January 1 $ 106,000   

Accounts receivable, December 31 75,000   

  

The cash received from customers was: 

 

Multiple Choice 

  

1. $545,000. 

  

2. $651,000. 

  

3. $589,000. 

  

4. $620,000.

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