During 2017, Vaughn Manufacturing had sales on account of $758,000, cash sales of $315,000, and collections on account of $511,000. In addition, they collected $9,500 which had been written off as uncollectible in 2016. As a result of these transactions, the change in the accounts receivable indicates an increase of how much?

During 2017, Vaughn Manufacturing had sales on account of $758,000, cash sales of $315,000, and collections on account of $511,000. In addition, they collected $9,500 which had been written off as uncollectible in 2016. As a result of these transactions, the change in the accounts receivable indicates an increase of how much?

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter9: Accounting For Receivables

Section: Chapter Questions

Problem 12Q: Berry Farms has an accounts receivable balance at the end of 2018 of $425,650. The net credit sales...

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During 2017, Vaughn Manufacturing had sales on account of $828,000, cash sales of $465,000, and collections on account of $651,000. As a result of these transactions, the change in the accounts receivable indicates an increase of how much? provide answer
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