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Problem 1: During the current year, ABC Inc., made cash sales of Rs 275,000 and credit sales of Rs 450,000. During the year, accounts receivable decreased by Rs 32,000. The amount of cash received from customers is;
Option 1: Rs. 693,000
Option 2: Rs. 725,000
Option 3: Rs. 450,000
Option 4: Rs. 275,000
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