On March 31, Sterling Enterprises had Accounts Receivable of $145,600. During the month of April, the company received total payments of $180,000 from its credit customers. The Accounts Receivable balance on April 30 was $92,400. What was the total credit sales during April?

On March 31, Sterling Enterprises had Accounts Receivable of $145,600. During the month of April, the company received total payments of $180,000 from its credit customers. The Accounts Receivable balance on April 30 was $92,400. What was the total credit sales during April?

Managerial Accounting: The Cornerstone of Business Decision-Making

7th Edition

ISBN:9781337115773

Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Chapter15: Financial Statement Analysis

Section: Chapter Questions

Problem 14BEA: Last year, Nikkola Company had net sales of 2.299.500,000 and cost of goods sold of 1,755,000,000....

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What was the total credit sales during April on these financial accounting question?

On March 31, Sterling Enterprises had Accounts Receivable of $145,600. During the
month of April, the company received total payments of $180,000 from its credit
customers. The Accounts Receivable balance on April 30 was $92,400.
What was the total credit sales during April?

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