Use the Information Below to Answer the Following Question(s)

question 7

Multiple Choice

Use the information below to answer the following question(s) .Gold Corporation has the following sales budget for the last six months of 2019:
Historically, the cash collection of sales has been as follows:

-What is the ending balance of accounts receivable at the end of September assuming uncollectible balance is written off in the third month after the sale?

• A)$199,000
• B)$108,000
• C)$104,000
• D)$93,000
• E)$88,000

---

Definitions:

FAD

Flavin adenine dinucleotide, a redox-active coenzyme associated with various proteins and involved in several important enzymatic reactions in metabolism.

ADP

Adenosine diphosphate, a molecule involved in energy transfer within cells and plays a crucial role in metabolism.

NADPH

A coenzyme involved in anabolic reactions, such as lipid and nucleic acid synthesis, and provides the reducing power needed for the biosynthetic processes in cells.

Exergonic Reaction

A chemical reaction that releases energy to the surroundings, typically in the form of heat.