Question
At the end of February this year, account receivable was $60,000. The Cash collection from the sales during February was 60% and the remaining to
At the end of February this year, account receivable was $60,000. The Cash collection from the sales during February was 60% and the remaining to be collected next month. Find the total sales realized during February.
1.$60,000/40%
2.$60,000
3.$60,000/60%
4.$100,000
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College Accounting Chapters 1-13
Authors: John Price
14th Edition
007763991X, 9780077639914
