The following are the transaction for the month of February     Cash Sales   $45000   Credit Sales  $56000    Sales returns  $3000   Bad debts       $1000   Cash received from debtors , $ 36000 ( after deducting discount allowed of $ 850)        What is the balance in the  accounts receivable at the end of the month?

Principles of Accounting Volume 1
19th Edition
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter7: Accounting Information Systems
Section: Chapter Questions
Problem 5EA: Catherines Cookies has a beginning balance in the Accounts Payable control total account of $8,200....
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The following are the transaction for the month of February

 

  Cash Sales   $45000

  Credit Sales  $56000

   Sales returns  $3000

  Bad debts       $1000

  Cash received from debtors , $ 36000 ( after deducting discount allowed of $ 850)

 

  

 

What is the balance in the  accounts receivable at the end of the month?

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