Simmons Company Began the Month with a Balance of $84,000

Multiple Choice

Simmons Company began the month with a balance of $84,000 in Accounts Receivable. An analysis of the account determined that sales on account for the month totaled $112,000. At the end of the month, the balance in Accounts Receivable was $85,000. From this information, it can be determined that Simmons Company had collections from customers on account of:

A) $28,000.
B) $57,000.
C) $113,000.
D) $111,000.