In 2021, Hope Company incurred sales on account of $100,000. The company also has the following information:  December 31, 2021December 31, 2020Accounts Receivable$20,000 $50,000 Accounts Payable$40,000 $65,000 What is the amount of cash received from customers for Hope Company in 2021?

A. $130,000.
B. $45,000.
C. $70,000.
D. $100,000.


Answer: A

Business

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