If customers owe $120,000 at the beginning of the year and $95,000 at the end of the year, and credit sales total $250,000 for the year, what is the cash received from customers during the year?Group of answer choices

From the following information calculate the cash received from customers.Accounts receivable opening balance                      $20,000Credit Sales                                                                  $840,000Accounts receivable closing balance                         $40,000

In a cash book, the opening balance was Ghc 70,600, closing balance was Ghc 86,600 and the total cash received during the period was Ghc 180,000. What was the amount of cash paid out during the period? A. Ghc 186,000 B. Ghc 164,000 C. Ghc 98,000 D. Ghc 146,000 E. Ghc 89,000

In the current accounting period, sales (calculated on an accrual basis) are $180,000 and the cash received from sales is $215,000, therefore:credit sales that occurred in a previous period may have been paid for in the current period.cash sales for the period were greater than credit sales.credit sales that occurred in the current period may not yet have been paid for.none of the options are correct.

You are set to receive an annual payment of $12,400 per year for the next 20 years. Assume the interest rate is 7.3 percent. How much more are the payments worth if they are received at the beginning of the year rather than the end of the year?

A person bought a refrigerator worth Rs. 22,800 with 12.5% interest compounded yearly. At the end of first year he paid Rs. 8,650 and at the end of second year Rs. 9,125. How much will he have to pay at the end of third year to clear the debt? (UPSC 2017)