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  3. Study Set
    Introduction to Accounting
  4. Exam
    Exam 10: Recording and Evaluating Revenue Process Activities
  5. Question
    Worldwide Resources,Inc
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Worldwide Resources,Inc

Question 2

Question 2

Multiple Choice

Worldwide Resources,Inc.reported sales revenue of $525,000,beginning and ending accounts receivable of $43,200 and $37,600,respectively,and beginning and ending customer deposits of $20,000 and $28,500,respectively.Cash collections from customers during the year were:


A) $510,900
B) $515,900
C) $525,000
D) $539,100

Correct Answer:

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