Question

Use an accounting equation spreadsheet and the following information to determine the amount of credit sales to customers that occurred during November 2016:
a. On November 1, 2016, the balance in the accounts receivable account was $350,000.
b. During November 2016, $410,000 was collected from customers.
c. The balance in the accounts receivable account on November 30, 2016 was $380,000.



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  • CreatedFebruary 26, 2015
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