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ABC Company had a beginning balance of $5,900 in its Accounts Receivable account. The ending balance of Accounts Receivable was $8,500. ABC's Salaries Payable
ABC Company had a beginning balance of $5,900 in its Accounts Receivable account. The ending balance of Accounts Receivable was $8,500. ABC's Salaries Payable account has a beginning balance of $4,400 and an ending balance of $8,400. During the period. ABC recognized $55,000 of revenue on account and $50,000 of accrued salaries expense. How much Accounts Receivable did ABC collect during the period? $52.400 $55,000 $60.900 $57,600
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