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Use the information in the table to answer the question below about Mary's Boutique YEAR SALES CASH COLLECTIONS WRITE OFFS 2002 450,000|410,000 35,000 2003|900,000|450,000 25,000
Use the information in the table to answer the question below about Mary's Boutique YEAR SALES CASH COLLECTIONS WRITE OFFS 2002 450,000|410,000 35,000 2003|900,000|450,000 25,000 2004 800,000 590,000 147,000 2005|820,000/750,000 20,000 If Mary's Boutique uses the direct write off method, what is the balance in Accounts Receivable at the end of 2005? $770,000 O $127,000 $2,970,000 $643,000 $50,000
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