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24. 10.00 points Horton Housewares' accounts receivable decreased during the year by $8.0 million. a. What is the amount of cash Horton received from customers

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24. 10.00 points Horton Housewares' accounts receivable decreased during the year by $8.0 million. a. What is the amount of cash Horton received from customers during the reporting period if its sales were $44.0 milion? (Enter your answer in millions rounded to 1 decimal place (i.e., S,500,000 should be entered as 5.5).) b. Prepare a summary entry that represents the net effect of the selling and collection activities during the is required for a transaction/event, select "No journal entry reporting period. (Enter your answers in millions rounded to 1 decimal place (i.e, 5,500,000 should be entered as 5.5). If no entry required" in the first account field.) View transaction list Journal entry worksheet Record the net effect of the selling and collection activities. Note: Enter debits before credits. 4 6

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