Question: At June 1 , 2 0 2 5 , Indigo Corporation had an Accounts Receivable balance of $ 1 9 , 0 0 0 .

At June 1,2025, Indigo Corporation had an Accounts Receivable balance of $19,000. During the month, the company had credit sales of $22,500 and collected Accounts Receivable of $28,500. What is the balance in Accounts Receivable at June 30,2025?
Ending Accounts Receivable
$
Save for Later
Attempts: 0 of 1 used Submit Answer

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!