Question
M. Cornett is a corporation that sells breakfast cereal. Based on the accounts listed below, what are M. Cornett's total trade receivables? Income tax refund
M. Cornett is a corporation that sells breakfast cereal. Based on the accounts listed below, what are M. Cornett's total trade receivables?
Income tax refund due | $470 |
Advance due to the company from | |
the company president | 210 |
3-month note due from M. Cornett's main customer | 2050 |
Interest due this month on the above note | 90 |
Due and unpaid from this month's sales | 9160 |
Due and unpaid from last month's sales | 990 |
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College Accounting A Practical Approach
Authors: Jeffrey Slater, Brian Zwicker
11th Canadian Edition
132564440, 978-0132564441
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