The Beginning Balance in Accounts Receivable Is $ 8,000

question 89

Multiple Choice

The beginning balance in accounts receivable is $ 8,000.Sales during the period equaled $ 15,000.What was the cash received from customers?

• A)$ 7,000
• B)$ 8,000
• C)$ 15,000
• D)no answer can be developed

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Definitions:

Full-time Employees

Individuals who are employed by an organization in a capacity that typically requires them to work a standard workweek, usually defined as 35 or more hours.

Outside Contractors

Individuals or companies that are not employees of an organization but are hired to perform specific tasks or services on a contractual basis.

Project Teams

Groups of individuals working collaboratively to achieve specific goals and complete a project within a defined time frame.

Informal Structures

The unofficial relationships, networks, and systems of communication that naturally develop within an organization.