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The following are selected transactions of Sandhill during February. The Store sells seasonal holiday items. 2/3 Sold 52 heart balloons for $4 cash each. 2/8
The following are selected transactions of Sandhill during February. The Store sells seasonal holiday items. 2/3 Sold 52 heart balloons for $4 cash each. 2/8 Sold 95 boxes of chocolates at $10 each, terms 2/10,n/30. Collected within the discount period. 2/10 Sold 59 heart necklaces for $20 each with no discount. Have not collected as of month-end. 2/14 Sold 200 bouquets of roses at $32 per bouquet. Half the sales were on account. By month-end, 75% of the credit sales were collected. 2/28 Sold 30 leftover heart necklaces to a discount store for $15 each on credit. 2/28 Provided a loan to the company president for $270 Determine the balance in Accounts Receivable at 2/28. Total Accounts Receivable
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