Worldwide Resources,Inc

question 2

Multiple Choice

Worldwide Resources,Inc.reported sales revenue of $525,000,beginning and ending accounts receivable of $43,200 and $37,600,respectively,and beginning and ending customer deposits of $20,000 and $28,500,respectively.Cash collections from customers during the year were:

• A)$510,900
• B)$515,900
• C)$525,000
• D)$539,100

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Definitions:

Harsh Penalties

Severe punishments or consequences imposed for violations of laws or regulations.

Congress

The national legislative body of the United States, consisting of the Senate and the House of Representatives.

Slave Markets

Places where enslaved individuals were bought and sold.

Nation's Capital

Refers to the city or town that serves as the official seat of government in a country, typically housing the country's executive, legislative, and judicial branches.