Question

For the month of December 2014, Ranger Corporation’s records show the following information:
Cash received on accounts receivable $35,000
Cash sales 30,000
Accounts receivable, December 1, 2014 80,000
Accounts receivable, December 31, 2014 74,000
Accounts receivable written off as uncollectible 1,000

Required:
Determine the gross sales for the month of December 2014.



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  • CreatedSeptember 10, 2014
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