Question
Partial balance Sheets as of December 11 debit accounts 2022 2021 Cash $42,000 33,750 Accounts receivable 60,000 70,000 Inventory 30,000 24,000 Credit accouts Accoutns payable
Partial balance Sheets
as of December 11
debit accounts 2022 2021
Cash $42,000 33,750
Accounts receivable 60,000 70,000
Inventory 30,000 24,000
Credit accouts
Accoutns payable $60,00 72,000
Additional information for 2022
Net Income was $42 500
The bad debt expense was $5,400.
Sales were $528,800.
Write off was $4,650.
What is the amount of cash received from customers during 2022.
529,500
524,850
534,150
530,250
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International Accounting
Authors: Frederick D. Choi, Gary K. Meek
6th edition
131588141, 978-0131588141
