Question
On December 31, 2013, Frazier Company had a $61.275 balance in Accounts Receivable. During the year 2014, the company collected $100,000 from its credit
On December 31, 2013, Frazier Company had a $61.275 balance in Accounts Receivable. During the year 2014, the company collected $100,000 from its credit customers. The December 31, 2014 balance of the Accounts Receivable was $85.325. Determine the amount of sales on accounts for 2014.
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Financial Accounting An Introduction to Concepts, Methods and Uses
Authors: Roman L. Weil, Katherine Schipper, Jennifer Francis
14th edition
978-1111823450, 1-133-36617-1 , 1111823456, 978-1-133-3661, 978-1133591023
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