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Misha Larkins [42]
3 years ago
6

The balance in Accounts Receivable at the beginning of the year was $ 550 comma 000. The balance in Accounts Receivable at the e

nd of the year was $ 750 comma 000. Customer accounts of $ 460 comma 000 were written off. The company collected $ 4 comma 060 comma 000 from credit customers and $ 1 comma 090 comma 000 from cash customers. What are credit sales for the​ year?
Business
1 answer:
mina [271]3 years ago
5 0

Answer:

$3,400,000

Explanation:

The computation of the credit sales is shown below:

As we know that

Closing balance of  accounts receivables = Opening balance of  accounts receivables + Credit Sales - Bad debts written off - Cash collected from credit customers

$750,000 = $550,000 + credit sales - $460,000 - $4,060,000

$750,000 = $4,150,000 + credit sales

So, the credit sales is

= $4,150,000 - $750,000

= $3,400,000

Simply we applied the above formula

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kifflom [539]

Answer:

$71,000

Explanation:

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Total costs if company bought = Cost of production × Outside supplier per unit) + (Fixed cost × Remaining percentage)

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Loss in Income if part is bought = Total costs if company bought - Total costs originally

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3 years ago
A researcher examining the effects of an experimental surgery on epilepsy randomly assigns epileptic patients to three different
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The answer to this question is the "WAIT-LIST CONTROL". When a  researcher is examining the effects of an experimental surgery on epilepsy randomly assigns epileptic patients to three different conditions. The first condition is that the participants receive the surgery. The second condition is that the patients receive the medication while third condition, the patients receive the surgery one month after the other group of patients. The third group of patients who need to wait for another one month is in the WAIT-LIST CONTROL and can only be accommodated after the other group is done.
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3 years ago
Manufacturers sometimes offer a quantity discount to buyers on what kind of order?
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Manufacturers offer discounts usually to large quantity or bulk buyers. this encourages buyers to buy more because the businesses give them an opportunity to save more money. usually, it is the retailers who would buy from manufacturers in bulk orders
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In a country where only two goods are produced and consumed, the production and consumption of Good X results in external benefi
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Answer:

Would unregulated markets produce too much or too little of Good X and Good Y, compared to the efficient output levels for these products?

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