Light Co.s accounts receivable balances at the beginning and end of the period were 80,000 and 100,000,
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Light Co.’s accounts receivable balances at the beginning and end of the period were 80,000 and 100,000, respectively. Write-offs and recoveries during the period amounted to 10,000 and 8,000, respectively. Collections of sales on account during the period totaled 120,000, excluding the recoveries. How much is the total credit sales during the period?
A.150,000.
B. 170,000.
C. 190,000.
D. 120,000
Related Book For
Intermediate Accounting
ISBN: 978-0078025839
9th edition
Authors: J. David Spiceland, James Sepe , Mark Nelson , Wayne Thomas
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