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?
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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
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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 answerExpert provide answersAccounting. The change in the accounts receivable indicates an increase of how much?
- The comparative balance sheet of Sloan company reveal that accounts receivable (before deducting allowance) increased by $15,000 in 2016. During the same period, the allowance for uncollectible accounts increased by $2,100. If sales revenue was $120,000 in 2016nand bad debt expenses were 2% of sales, how much cash was collected from customers during the year? Please show the work.Barga Co. reported net sales for 2016 and 2017 of $665,000 and $742,000, respectively. Its year-end balances of accounts receivable follow: December 31, 2016, $63,000; and December 31, 2017, $89,000. a. Complete the below table to calculate the days' sales uncollected at the end of each year. (Round your "Days' Sales Uncollected" answer to 1 decimal place.) ok Days' Sales Uncollected Choose Numerator: Choose Denominator: Days Days' Sales Uncollected %3D Days' sales uncollected 2016: days %3D 2017: days %3D ces < Prev 4 of 4 NextSolve this?
- Naples Inc. reported sales of $2.16 million for 2022. Accounts receivable decreased $180,000 and accounts payable increased $254,000. Compute cash receipts from customers, assuming that the receivable and payable transactions are related to operations.Please need this question answer general accountingSuppose the 2022 financial statements of 3M Company report net sales of $23.1 billion. Accounts receivable (net) are $3.2 billion at the beginning of the year and $3.25 billion at the end of the year. Compute 3M’s accounts receivable turnover. - Accounts Recievable turnover ratio=? (times) Compute 3M’s average collection period for accounts receivable in days - Average collection period =? (days)