The manufacturing operations of a company had the following balances for the year: Beginning Balance Ending Balance Raw materials $84,000 $91,000 Work in process $45,000 $59,000 Finished goods $28,000 $23,000 The company transferred $918,000 of
Answers (1)
Sales on account are $200,000. Cash sales during the period are $50,000. Beginning accounts receivable is $20,000, and ending accounts receivable is $30,000. What is the total cash collected from customers during the period? a. $230,000 b.
Answers (1)