Sales for the year were $600,000. Accounts receivable were $100,000 and $80,000 at the beginning and...

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Sales for the year were $600,000. Accounts receivable were $100,000 and $80,000 at the beginning and end of the year, respect

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Answer 1

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Answer is $ 620000. ( second option)

Accounts Receivable por 620 000 opening Balanie 100 000 cash CB al 33) Sales 6ooooo 80 000 Closing Blance Too ooo 700 000 SoO

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Sales for the year were $600,000. Accounts receivable were $100,000 and $80,000 at the beginning and...

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Sales for the year were $600,000. Accounts receivable were $100,000 and $80,000 at the beginning and...