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Het Svet Suomi False Value Hardware began 2021 with a credit balance of $31,500 in the refund ability account. Sales and cosh collections from customers
Het Svet Suomi False Value Hardware began 2021 with a credit balance of $31,500 in the refund ability account. Sales and cosh collections from customers during the year were $620,000 and $580,000, respectively, False Value estimates that 8% of all sales will be retumed. During 2021. customers returned merchandise for credit of $24,000 to their accounts What is the balance in the refund ability account at the end of 2021 Multiple Choice $73.600 $57.100 $7500 $49,600
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