Question
Bowers Corporation reported the following ($ in 000s) for the year. Balance Beginning ending Account recievables $620 $825 : Sales on account were $1,920 for
Bowers Corporation reported the following ($ in 000s) for the year.
| Balance | ||
| Beginning | ending | |
| Account recievables | $620 | $825 |
:
Sales on account were $1,920 for the year. How much cash was collected from customers on account?
A-$1,695.
B-$1,715.
C-$1,588.
D-$2,105
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Integrated Audit Practice Case
Authors: David S. Kerr, Randal J. Elder, Alvin A. Arens
7th Edition
0912503688, 978-0912503684
