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AB Ltd. has MCC has prepared the income statement including the following data (all sales are on account)- The comparative balance sheet shows the following

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AB Ltd. has MCC has prepared the income statement including the following data (all sales are on account)- The comparative balance sheet shows the following data (by definition, accounts payable relates to merchandis End of Year Beginning of Year Required 1: What is the amount of Cash recelved from Customers? \$ Required 2 . What is the amount of Cash paid for merchandise purchase? $ The following is the Aged Accounts Recelvable Listing for XYZ Inc, at January 31, 2016: The balance in the Allowance for Doubtful Accounts $2,500 deblt. What is the appropriate adjustment XYZ inc. needs to make at Janufary 31.2016 to upda Muttiple Choice None of the other alsernatwes sie conect $4,400 50,900 sorasio

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