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On April 30, Your Company had an Accounts Receivable balance of $18,000. During the month of May, customers paid $52,000 of what they owed.
On April 30, Your Company had an Accounts Receivable balance of $18,000. During the month of May, customers paid $52,000 of what they owed. The May 31 Accounts Receivable balance was $13,000. What was the amount of sales on account during May? $57,000. $47,000. $52,000. O $32,000
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Intermediate Accounting
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield
16th edition
1118742974, 978-1118743201, 1118743202, 978-1118742976
