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Q Pharoah Company had accounts receivable of $135,000 on January 1, 2022. The only transactions that affected accounts receivable during 2022 were net credit
Q Pharoah Company had accounts receivable of $135,000 on January 1, 2022. The only transactions that affected accounts receivable during 2022 were net credit sales of $1,164,375, cash collections of $1,071,225, and accounts written off of $25,650. (a) Your Answer Correct Answer Your answer is correct. Compute the ending balance of accounts receivable. (b) Ending balance of accounts receivable $ 202500 eTextbook and Media Compute the accounts receivable turnover for 2022. (Round answer to 1 decimal place, e.g. 2.5.) Accounts receivable turnover Attempts: 1 of 1 used
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