solved : During 2015, Patnode recorded sales of $17,000. How much cas
During 2015, Patnode recorded sales of $17,000. How much cash did… During 2015, Patnode recorded sales of $17,000. How much cash did it collect from its customers?$17,000$14,000$3,000Cannot be estimatedImage transcription textNote that amortization of the license Patnode, Inc. asset has been shown as a separate Comparative BalanceSheet line item only for ease of calculations. Assets Dec. 31, 2014 Dec. 31. 2015 Change Liabilities Dec. 31.2014 Dec. 31, 2015 Change Current Assets Current Liabilities Cash $ 34.000 $ 41,000 $ 7,000 Ac… Show more… Show moreAccountingBusinessFinancial AccountingACCT 430
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