Question
If the cash collections from customers amounted to $634,800 and the Accounts Receivable account decreased $19,400 during the same period, sales for the period were:
If the cash collections from customers amounted to $634,800 and the Accounts Receivable account decreased $19,400 during the same period, sales for the period were:
Select one:
a. $654,200
b. indeterminable from the information given
c. $615,400
d. $634,800
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Fundamentals Of Financial Accounting
Authors: Fred Phillips, Robert Libby, Patricia Libby
1st Edition
0072992573, 9780072992571
