Multiple Choice
The Accounts Receivable account has a beginning balance of $52,000 and an ending balance of $74,000.If total sales on account were $42,000 for the year, what were the total collections on account?
A) $20,000
B) $64,000
C) $74,000
D) $84,000
Correct Answer:
Verified
Correct Answer:
Verified
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