On April 30, Holden Company Had an Accounts Receivable Balance

Multiple Choice

On April 30, Holden Company had an Accounts Receivable balance of $18,000. During the month of May, total credits to Accounts Receivable were $52,000 from customer payments. The May 31 Accounts Receivable balance was $13,000. What was the amount of credit sales during May?

A) $5,000.
B) $47,000.
C) $52,000.
D) $57,000.
E) $32,000.