Hello!

With the information below, can you please show me how to calculate A/R?

Little Annin Flagmakers Schedule of Expected Cash Disbursements for Material (US$) April May June Quarter Accounts payable Beginning balance $55,000 $55,000 April purchases $ 63,420 $95,130 $158,550 May purchases $61,600 $92,400 $154,400 June purchases $ 37,800 $37,800 Total Cash Disbursements for Materials $118,420 $156,730 $130,200 $ 405,750 $ 405,350 Accounts Payable as of June 30 $54,600 $56,700