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On JAN 0 1 2 0 1 7 KCo had accounts receivable of $ 1 0 0 , 0 0 0 . During 2 0
On JAN KCo had accounts receivable of $ During these transactions affected accounts receivable: additional net credit sales of $ cash collections of $ and accounts written off equalled $
a Compute the ending balance of accounts receivable,
b Compute the accounts receivable turnover for
c Compute the average collection period in days.
a
Beginning AR
Net credit sales
Cash collections
Accounts written off
Ending AR
b show your calculation and answer below
c show your calculation and answer below
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