Daum Inc collected $737,000 cash from customers during 2014 If beginning accounts receivable were $41,000 and credit sales totaled $705,000, what was the balance in ending accounts receivable ...

Daum Inc. collected $737,000 cash from customers during 2014. If beginning accounts receivable were $41,000 and credit

Question:

Daum Inc. collected $737,000 cash from customers during 2014. If beginning were $41,000 and credit sales totaled $705,000, what was the balance in ending Accounts Receivable
Accounts receivables are debts owed to your company, usually from sales on credit. Accounts receivable is business asset, the sum of the money owed to you by customers who haven’t paid.The standard procedure in business-to-business sales is that...