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Q4: The information below, pertaining to the Stalker company which is the first year of operations, isto be used in testing the accuracy of Account

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Q4: The information below, pertaining to the Stalker company which is the first year of operations, isto be used in testing the accuracy of Account Receivable, which has a balance of 32000$ at dec. 31,2020 : A) Collection from customers 58000$ B) Merchchandies purchased 91000$ C) Ending merchandise inventory 26000$ D) Goods sell at 50% above cost E) All sales are on account Required: compute the balance that Account Receivable should show and determine the amount of any shortage or overage? Q4: The information below, pertaining to the Stalker company which is the first year of operations, isto be used in testing the accuracy of Account Receivable, which has a balance of 32000$ at dec. 31,2020 : A) Collection from customers 58000$ B) Merchchandies purchased 91000$ C) Ending merchandise inventory 26000$ D) Goods sell at 50% above cost E) All sales are on account Required: compute the balance that Account Receivable should show and determine the amount of any shortage or overage

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