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The following are sales of Vaughn Manufacturing during February. The Store sells seasonal holiday items. 2/3 2/8 2/10 2/14 Sold 50 heart balloons for $4
The following are sales of Vaughn Manufacturing during February. The Store sells seasonal holiday items. 2/3 2/8 2/10 2/14 Sold 50 heart balloons for $4 cash each. Sold 99 boxes of chocolates at $10 each, terms 2/10,n/30. Collected within the discount period. Sold 65 heart necklaces for $20 each with no discount. Have not collected as of month end. Sold 110 bouquets of roses at $36 per bouquet. Half the sales were on account. By month end, 75% of the credit sales were collected. Sold 30 leftover heart necklaces to a discount store for $20 each on credit Sold a display cabinet at a swap meet for $240 on account. 2/27 2/28 Determine the balance in Accounts Receivable at 2/28. Total Accounts Receivable $
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