During 2017 Sunland Company had sales on account of $788000, cash sales of $317000, and collections on account of $522000. In addition, they collected $9900 which had been written off as uncollectible in 2016. As a result of these transactions the change in the accounts receivable indicates a .
A. $256100 increase. B. $266000 increase. C. $581000 increase. D. $583000 increase.
Answers: 2
Business, 22.06.2019 10:10
At the end of year 2, retained earnings for the baker company was $3,550. revenue earned by the company in year 2 was $3,800, expenses paid during the period were $2,000, and dividends paid during the period were $1,400. based on this information alone, retained earnings at the beginning of year 2 was:
Answers: 1
Business, 22.06.2019 10:20
Asmartphone manufacturing company uses social media to achieve different business objectives. match each social media activity of the company to the objective it the company achieve.
Answers: 2
During 2017 Sunland Company had sales on account of $788000, cash sales of $317000, and collections...
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