On December 1, 2022, Oriole's Company Accounts Receivable balance was $18,820. During December, Oriole had credit sales of $50,400 and collected accounts receivable of $40,320. On December 31, 2022, the Accounts Receivable balance is
On December 1, 2022, Oriole's Company Accounts Receivable balance was $18,820. During December, Oriole had credit sales of $50,400 and collected accounts receivable of $40,320. On December 31, 2022, the Accounts Receivable balance is
Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter6: Cash And Receivables
Section: Chapter Questions
Problem 12E: Inferring Accounts Receivable Amounts At the end of 2019, Karras Inc. had a debit balance of 141,120...
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What is the accounts receivable balance?

Transcribed Image Text:On December 1, 2022, Oriole's Company Accounts
Receivable balance was $18,820. During December, Oriole
had credit sales of $50,400 and collected accounts receivable
of $40,320. On December 31, 2022, the Accounts Receivable
balance is
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