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Elena-2011 [213]
3 years ago
14

The Accounts Receivable account has a beginning balance of $10,000 and the company provides services of $50,000 on account durin

g the month. The ending balance was $12,000. How much did the company receive from customers during the month?A) $50,000.B) $52,000.C) $48,000.D) $62,000.
Business
1 answer:
Marizza181 [45]3 years ago
8 0

Answer:

C) $48,000

Explanation:

The account receivables is the account used to house revenue that has been earned but yet to be received in the balance sheet. It is the holding account pending the settlement of cash for services rendered or goods sold.

As such, where the Accounts Receivable account has a beginning balance of $10,000 and the company provides services of $50,000 on account during the month. The ending balance was $12,000

Let the amount received from customers be K

$10,000 + $50,000 - K = $12,000

K = $10,000 + $50,000 - $12,000

K = $48,000

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Which one of the following items is not generally used in preparing a statement of cash flows? Group of answer choices Adjusted
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Answer:

Adjusted trial balance

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2 years ago
PLEASE HELP ME!!!!!!!!!!!!!!!!!!!!!111 I NEED HELP RIGHT NOW!!!!!!!!! IM LITERALLLY CRYING! JK IM NOT BUT I NEED HELP!!!!!!
8_murik_8 [283]

I think A and C.

Hope this helps.

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3 years ago
Item weight is the:______________. 1. Measure of how much consumers demand a particular item. 2. Percentage of the typical consu
erica [24]

Answer:

2) Percentage of the typical consumer budget spent on the item.

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Which one of the following is a source of cash? Select one: A. Decrease in inventory B. Increase in fixed assets C. Decrease in
FromTheMoon [43]

Answer:

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