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What the cash receipts from customers during the year

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Question 1: During the financial year Marina Limited had sales of $840 000. The opening balance of accounts receivable was $66 000, and the closing balance was $78 000. Bad debts amounting to $8 000 were written off during the period. The cash receipts from customers during the year amounted to:

Select one:

a. $840 000

b. $860 000

c. $828 000

d. $820 000

Reference no: EM132602317

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