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On November 30, Brisbane Company Had Accounts Receivable of $390,840

Question 94

Multiple Choice

On November 30, Brisbane Company had Accounts Receivable of $390,840. During the month of December, the company received total payments of $480,000 from credit customers. The Accounts Receivable on December 31 was $258,960.
What was the amount of credit sales during December?


A) $ 191,520
B) $1,120,080
C) $ 348,120
D) $ 590,160

Correct Answer:

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