COLLEGE ACCT.,CH.1-15-CENGAGENOW(2TERM)
COLLEGE ACCT.,CH.1-15-CENGAGENOW(2TERM)
23rd Edition
ISBN: 9781337913393
Author: HEINTZ
Publisher: CENGAGE L
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Chapter 8, Problem 7RQ
To determine

Explain the reason for considering it is important to total and verify the totals of the payroll register after the data for each employee have been entered.

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If sales revenue is $220 million and accounts receivable decreased by $30 million, the amount of cash received from customers: a. was $150 million. b. was $125 million. c. depends on the mix of cash sales and credit sales. d. was $250 million.
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