Question
Beginning accounts receivable were $275,500, and ending accounts receivable were $302,300. Cash amounting to $2,965,000 was collected from customers' credit sales. Calculate the amount of
Beginning accounts receivable were $275,500, and ending accounts receivable were $302,300. Cash amounting to $2,965,000 was collected from customers' credit sales.
Calculate the amount of sales on account during the period.
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Managerial Accounting
Authors: McGraw Hill Education
14th Edition
1121182518, 978-1121182516
