Solved

Total Sales for a Year Are $40,000,which Includes Cash Sales

Question 19

Multiple Choice

Total sales for a year are $40,000,which includes cash sales of $5,000.The beginning and ending balances of accounts receivable are $10,000 and $15,000,respectively.How much cash was received from customers?


A) $30,000
B) $20,000
C) $25,000
D) $35,000

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions