Question
Lashkova Company had accounts receivable of $100,000on January 1, 2014. The only transactions that affected accounts receivable during 2014 were net credit sales of $1,000,000,
Lashkova Company had accounts receivable of $100,000on January 1, 2014. The only transactions that affected accounts receivable during 2014 were net credit sales of $1,000,000, cash collections of $920,000, and accounts written off of $30,000.
What is the ending balance of accounts receivable?
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Business Intelligence A Managerial Perspective on Analytics
Authors: Ramesh Sharda, Dursun Delen, Efraim Turban
3rd edition
133051056, 978-0133051056
