On December 1, 2022, Oriole's Company Accounts Receivable balance was $19,720. During December, Oriole had credit sales of $50,400 and collected accounts receivable of $42,620. On December 31, 2022, the Accounts Receivable balance is _.

On December 1, 2022, Oriole's Company Accounts Receivable balance was $19,720. During December, Oriole had credit sales of $50,400 and collected accounts receivable of $42,620. 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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