nadasamy8787 nadasamy8787

15-05-2024
Business

Answered

During 2020, Belfour Inc. had sales on account of $189,000, cash sales of $78,000, and collections on account of $ 162 . In addition, they collected $1,275 which had been written off as uncollectible in 2019. As a result of these transactions, the change in the accounts receivable balance indicates a

a. $25,725 increase.

b. $27,000 increase.

c. $103,725 increase.

d. $105,000 increase.

Answer :

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