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Sales reported on the income statement were $690,000. The accounts receivable balance declined $39,000 over the year. Determine the amount of cash received from customers. $fill in the blank 1

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ayokenny2001

The amount of cash received from customers is 729,000

What is income statement?

An income statement is a financial statement that shows you the company's income and expenditures

Cash received from customers

= Sales + Decline in receivable balance

= $690,000 + $39,000

= $729,000

Hence, the amount of cash received from customers is $729,000

Learn more about income statement here : https://brainly.com/question/21851842

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