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Cash Receipts from Customers
Sales + beginning A/R – ending A/R
1,890,000 + 50,000 – 85,000 = 1,855,000
Cash Payment to Suppliers
Purchases + beginning A/P – ending A/P
Purchases = Cost of Goods Sold + ending inventory – beginning inventory
(610,400 + 24,000 – 31,000) + 189,000 – 165,000 = 627,400...

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