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15-02-2024
Business

contestada

The following data belongs to Care Company: Accounts receivable on December 31, 2020: 60,000. Accounts receivable on December 31, 2021: 40,000. Net credit sales during the year 2021: 200,000. Based on the above information, the net cash collected from customers by Care Company during the year 2021 is ________.
1) 260,000
2) 220,000
3) 180,000
4) 200,000
5) 240,000

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