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8 pt The following events apply to X Company in 2018: $9,857 4,641 4,366 1,952 1,114 3,361 Performed services for clients on account Performed services
8 pt The following events apply to X Company in 2018: $9,857 4,641 4,366 1,952 1,114 3,361 Performed services for clients on account Performed services for clients for cash Incurred operating expenses on account Paid salaries to employees Collected cash from accounts receivable Paid cash on accounts payable What was net income in 2018? 7. AO $2,683 CO $5,641 DO $8,180 EO $11,861 FO $17,198 BO $3,891 8 pt The following information is for X Company's operations during the year: $5,767 Sales on account 6,528 6,009 Cash sales Cash collections from customers on account If the Accounts Receivable balance at the end of the year was $926, what was the Accounts Receivable balance at the beginning of the year? DO $878 FO $1,553 8. AQ $373 BO $496 CO $660 EO $1.168
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