Sales revenue on the books was solve this question general accounting Sales revenue on the books was $175000.Unearned revenue at the end of the year was$12000 and unearned revenue at thebeginning of the year was $4500. How muchcash was received from revenue?

Step 1: Define Sales RevenueA sales revenue is the sale of goods or rendering of services in the…

Answered: Sales revenue on the books was $175000.…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Sales revenue on the books was $175000. Unearned revenue at the end of the year was $12000 and unearned revenue at the beginning of the year was $4500. How much cash was received from revenue?