Sales for the year were 650000 trade receivables were 45000, Financial Accounting

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Sales for the year were 650000 trade receivables were 45000

Sales for the year were $650,000. Trade receivables were $45,000 and $50,000 at the beginning and end of the year, respectively. Cash received from customers to be reported on the cash flow statement using direct methon is

a. $600,000

b. $645,000

c $605,000

d, $655,000

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Financial Accounting: Sales for the year were 650000 trade receivables were 45000

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Financial Accounting: Sales for the year were 650000 trade receivables were 45000

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