The Balance in Accounts Receivable at the Beginning of 2018

question 27

Multiple Choice

The balance in accounts receivable at the beginning of 2018 was $300. During 2018, $1,600 of credit sales were recorded. If the ending balance in accounts receivable was $250 and $100 in accounts receivable were written off during the year, the amount of cash collected from customers during 2018 was:

• A) $1,600.
• B) $1,650.
• C) $1,550.
• D) $1,900.

Comprehend the nature, types, and consequences of white-collar crimes.

Grasp the concept of corporate and executive liability in criminal actions.

Differentiate between extortion, bribery, and other forms of corruption.

Recognize the legal distinctions and processes involved in criminal law, including the roles of different entities like grand juries and the significance of Miranda rights.