The opening and closing balances of accounts receivable were $200 000 and $270 000 respectively. Sales on credit were $200 000. What was the amount of cash received from customers?
A) $130 000
B) $200 000
C) $270 000
D) $300 000
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The opening and closing balances of accounts receivable were $200 000 and $270 000 respectively. Sales on credit were $200 000. What was the amount of cash received from customers?
A) $130 000
B) $200 000
C) $270 000
D) $300 000