Question
During the year ended December 31, 20x2, Mila's Products reported the following ($ in 000s) for the year: Balance Beginning Ending Accounts receivable $ 520
During the year ended December 31, 20x2, Mila's Products reported the following ($ in 000s) for the year:
Balance
Beginning Ending
Accounts receivable $ 520 $ 810
If sales on account for the year were $1,820,000, how much cash was collected from customers on account during 20x2?
$1,530 thousands.$2,100 thousands.$1,520 thousands.$1,551 thousands.
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Auditing A Guide To Principles And Practice
Authors: J H Crowhurst
1st Edition
0304309052, 978-0304309054
