Beginning Accounts Receivable Were $200,000,and Ending Accounts Receivable Were $300,000

question 99

Multiple Choice

Beginning accounts receivable were $200,000,and ending accounts receivable were $300,000.Assuming that cash collections totalled $1,100,000,what were credit sales?

• A) $1,100,000
• B) $1,200,000
• C) $1,300,000
• D) $1,500,000

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Definitions:

Function

A relation from a set of inputs to a set of possible outputs where each input is related to exactly one output.

Sketch

A rough or quick representation of a mathematical concept, graph, or figure, often lacking details but illustrating the general shape or idea.

\(f ( x )\)

A notation representing a function named "f" with an independent variable "x", showing the relationship between variables.

Graph

An illustration used to show relationships between different variables, often plotted with lines, bars, or dots.