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Question 16 During 2022 Pharoah Company had sales on account of $785000, cash sales of $324000, and collections on account of $522000. In addition, they

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Question 16 During 2022 Pharoah Company had sales on account of $785000, cash sales of $324000, and collections on account of $522000. In addition, they collected $9000 which had been written off as uncollectible in 2021. As a result of these transactions the change in the accounts receivable indicates a $254000 increase 5578000 increase $26.3000 increase 5587000 increase

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