Financial Accounting
Financial Accounting
3rd Edition
ISBN: 9780133791129
Author: Jane L. Reimers
Publisher: Pearson Higher Ed
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Chapter 11, Problem 7Q
To determine

Identify the changes required for board of directors of the company by the Sarbanes-Oxley Act.

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On October 1, the accounts receivable account balance was $93,200. During October, $278,000 was collected from customers on account. Assuming the October 31 balance was $86,500, determine the fees billed to customers on account during October.
What was the total cost incurred in November?
I need the correct answer to this general accounting problem using the standard accounting approach.
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