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what the answers? 9. ABC company had net sales of $60,000 and accounts receivable of $4,800. Its days' sales uncollected is: A 3.2 days. B.
what the answers?
9. ABC company had net sales of $60,000 and accounts receivable of $4,800. Its days' sales uncollected is: A 3.2 days. B. 38.4 days C. 40.15 days. D. 29.2 days E 125 days 10. Simmons company needs to replenish a $500 petty cash fund. Its petty cash box has $70 cash and petty cash receipts of $440. The journal entry to replenish the fund includes: A A debit to Cash for $70 B. A credit to Cash for $70. C. A debit to Cash Over and Short for $10 D. A credit to Cash Over and Short for $10 Step by Step Solution
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