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1. Soccer Pro Inc. made $3,000,000 in sales during 2022, and 40% of these were credit sales. The December 31, 2021 balance in AFDA
1. Soccer Pro Inc. made $3,000,000 in sales during 2022, and 40% of these were credit sales. The December 31, 2021 balance in AFDA was a credit of $23,000. At its December 31, 2022 year-end, Soccer Pro Inc. had the following accounts receivable: Age (days) 1-30 Accounts Receivable $200,000 31-60 $150,000 61-90 $125,000 91-120 $160,000 Over 120 $115,000 Total $750,000
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Fundamental Accounting Principles Volume I
Authors: Kermit Larson, Tilly Jensen, Heidi Dieckmann
16th Canadian edition
978-1260305821
