A business's debtors on April 1 total $15,000. During April, the business receives $9,000 from its debtors, and the total of debtors on April 30 is $19,000. What must the credit sales for the month have been?
A business's debtors on April 1 total $15,000. During April, the business receives $9,000 from its debtors, and the total of debtors on April 30 is $19,000. What must the credit sales for the month have been?
Chapter7: Budgeting
Section: Chapter Questions
Problem 9PA: Fitbands estimated sales are: What are the balances in accounts receivable for January, February,...
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Transcribed Image Text:A business's debtors on April 1 total $15,000. During April,
the business receives $9,000 from its debtors, and the total
of debtors on April 30 is $19,000. What must the credit sales
for the month have been?
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