Simmons Company Began the Month with a Balance of $80,000

Multiple Choice

Simmons Company began the month with a balance of $80,000 in Accounts Receivable.An analysis of the account determined that sales on account for the month totaled $110,000.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) $30,000.
B) $55,000.
C) $95,000.
D) $105,000.