What was the amount of credit sales during August On July 31, Harrison Company had an AccountsReceivable balance of $25,400. During the month ofAugust, total credits to Accounts Receivable were$68,000 from customer payments. The August 31Accounts Receivable balance was $18,500.What was the amount of credit sales during August?

Concept of Accounts Receivable:Accounts Receivable represents the amount of money owed to a company…

Answered: On July 31, Harrison Company had an…

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter7: Budgeting

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Problem 9PA: Fitbands estimated sales are: What are the balances in accounts receivable for January, February,...

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On July 31, Harrison Company had an Accounts Receivable balance of $25,400. During the month of August, total credits to Accounts Receivable were $68,000 from customer payments. The August 31 Accounts Receivable balance was $18,500. What was the amount of credit sales during August?