Multiple Choice
On December 31, 2018, Frazier Company had a $61,275 balance in Accounts Receivable. During the year 2019, the company collected $100,000 from its credit customers. The December 31, 2019 balance of the Accounts Receivable was $85,325.
Determine the amount of sales on accounts for 2019.
A) $126,550
B) $ 78,000
C) $124,050
D) $ 78,450
Correct Answer:
Verified
Correct Answer:
Verified
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