If Sales Are $850,000 and the Beginning and Ending Balances

question 69

Multiple Choice

If Sales are $850,000 and the beginning and ending balances of Accounts Receivable are $43,000 and $48,000,respectively,the cash collected from customers is:

• A) $850,000.
• B) $802,000.
• C) $845,000.
• D) $855,000.