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During the accounting period, sales revenue is Rs. 25,000 and accounts receivable increases by Rs. 8,000. What will be the amount of cash received from customers for the period?
Accountingmedium
ARs. 33,000
BRs. 25,000
Rs. 17,000
DRs. 8,000 Ref: Amount of cash received = total revenue increased – account receivable increased = 25,000 – 8000 = 17,000.
Correct Answer: C. Rs. 17,000
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