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Ques Ques 10 pts Question 6 Time Rurvin 1 Hour, 15 M Company L. sells its product directly to wholesale customers and retail customers. For

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Ques Ques 10 pts Question 6 Time Rurvin 1 Hour, 15 M Company L. sells its product directly to wholesale customers and retail customers. For the wholesale customers, Company L uses accounts receivable. For retail customers, Company L requires a credit card payment For its wholesale customers. Company L reports a beginning Accounts Receivable balance of $510,000 and an ending Accounts Receivable balance of $470,000. Assume Company L writes-off $20,000 Accounts Receivable as uncollectible and sells $370,000 of sales on account credit sales). For its retail customers. Company L sold $250,000 sales on credit cards. The credit card company charged Company La 4% collection fee A. How much cash did Company L collect from wholesale customers? B. How much cash did Company L collect from retail customers? Edit View insert Format Tools Table Paragraph B 12pt IUA 2 T DV % D

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