On April 30,Gomez Services Had an Accounts Receivable Balance of $18,000.During

question 22

Multiple Choice

On April 30,Gomez Services had an Accounts Receivable balance of $18,000.During the month of May,total credits to Accounts Receivable were $52,000 from customer payments.The May 31 Accounts Receivable balance was $13,000.What was the amount of credit sales during May?

• A)$5,000.
• B)$47,000.
• C)$52,000.
• D)$57,000.
• E)$32,000.

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Definitions:

Glycolysis

Glycolysis is the metabolic pathway that breaks down glucose into pyruvate, generating ATP and NADH as energy sources for the cell, occurring in the cytoplasm of cells.

NADH Molecules

Nicotinamide adenine dinucleotide (NAD) plus hydrogen (H), an important coenzyme in the body that plays a key role in the energy production process within cells through redox reactions.

Pyruvate Molecules

Organic compounds that play a pivotal role in energy production pathways, such as glycolysis and the Krebs cycle, within cells.

Acetyl CoA

A central metabolic molecule that signifies the convergence point of several metabolic pathways, crucial in energy production.