Question

Baker Corporation reported sales of $90,000 for the current year. If accounts receivable increased $12,000 during...

Baker Corporation reported sales of $90,000 for the current year. If accounts receivable increased $12,000 during the year and unearned revenue decreased $2,000 during the year, cash collected from sales was?

a.76,000

b.78,000

c.90,000

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