ACCOUNTS RECEIVABLE BALANCE Beginning accounts receivable were $10,000. All sales were on account and totaled $700,000. Cash
Question:
ACCOUNTS RECEIVABLE BALANCE Beginning accounts receivable were $10,000. All sales were on account and totaled
$700,000. Cash collected from customers totaled $650,000.
Required:
Calculate the ending accounts receivable balance.
Cornerstone Exercise
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Related Book For 
Cornerstones Of Financial Accounting Current Trends Update
ISBN: 9781111527952
1st Edition
Authors: Jay Rich , Jeff Jones, Maryanne Mowen , Don Hansen
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