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Garbage Pro, Inc. provided the following information concerning its accounting records: Sales revenue (all on account) $725,000 Accounts receivable, January 1 47,000 Allowance for uncollectible
Garbage Pro, Inc. provided the following information concerning its accounting records:
Sales revenue (all on account) | $725,000 | ||||
Accounts receivable, January 1 | 47,000 | ||||
Allowance for uncollectible accounts, January 1 | 2,700 | ||||
Collections from customers during the year | 717,000 | ||||
Accounts written off as uncollectible during the year | 2,200 |
How much is the balance of the Accounts Receivable account at December 31?
Select one:
a. 47,000
b. 51,000
c. 52,800
d. 50,800
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