ZCMI, Inc Reported an Increase in Accounts Receivable of $7,000 and and Credit

question 43

Multiple Choice

ZCMI, Inc. reported an increase in Accounts Receivable of $7,000 and credit sales of $435,000. Cash received from credit customers for the period were:

• A)$435,000.
• B)$ 7,000.
• C)$428,000.
• D)$421,000.

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Definitions:

Near Vision

The ability to see objects clearly at a close range, typically within a few inches to a few feet from the eyes.

Inches

A unit of measurement in the Imperial system equal to one-twelfth of a foot, commonly used to measure length.

CN III

The third cranial nerve, also known as the oculomotor nerve, which is responsible for controlling most of the eye's movements, the constriction of the pupil, and maintaining an open eyelid.

Accommodate

To adjust actions, plans, or conditions to meet the needs or requirements of others.