How much is cash received from customers to be reported on


Widget, Inc.'s balance sheet shows the May 1, 2014 and May 31, 2014 accounts receivable balances as $14,500 and $12,300, respectively. Sales for the month totaled $156,000 while cost of goods sold totaled $85,000. How much is cash received from customers to be reported on the statement of cash flows?

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Accounting Basics: How much is cash received from customers to be reported on
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