LINDA SERVICES HAD AN ACCOUNTS RECEIVABLE BALANCE OF $88,200 ON OCTOBER 1. DURING OCTOBER, THE COMPANY COLLECTED $412,000 FROM CUSTOMERS ON ACCOUNT. IF THE ACCOUNTS RECEIVABLE BALANCE ON OCTOBER 31 WAS $91,700, WHAT AMOUNT WAS BILLED TO CUSTOMERS ON ACCOUNT DURING OCTOBER?

LINDA SERVICES HAD AN ACCOUNTS RECEIVABLE BALANCE OF $88,200 ON OCTOBER 1. DURING OCTOBER, THE COMPANY COLLECTED $412,000 FROM CUSTOMERS ON ACCOUNT. IF THE ACCOUNTS RECEIVABLE BALANCE ON OCTOBER 31 WAS $91,700, WHAT AMOUNT WAS BILLED TO CUSTOMERS ON ACCOUNT DURING OCTOBER?

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter7: Accounting Information Systems

Section: Chapter Questions

Problem 5EB: Catherines Cookies has a beginning balance in the Accounts Receivable control total account of...

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Question

I need help solving this general accounting question with the proper methodology.

LINDA SERVICES HAD AN ACCOUNTS
RECEIVABLE BALANCE OF $88,200 ON
OCTOBER 1. DURING OCTOBER, THE
COMPANY COLLECTED $412,000 FROM
CUSTOMERS ON ACCOUNT. IF THE
ACCOUNTS RECEIVABLE BALANCE ON
OCTOBER 31 WAS $91,700, WHAT
AMOUNT WAS BILLED TO CUSTOMERS
ON ACCOUNT DURING OCTOBER?

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