The records of ZZ Hat Company showed sales revenue of $100,000 (on the income statement) and a
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Accounts Receivable Increase (decrease) $ -0- Sales Revenue Case (from income statement) Cash Computation Inflow $100,000 A (10,000) 100,000 9,000 * (9,000) * 100,000 * Includes the effect of a $1,000 write-off of an uncollectible account.
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Related Book For
Fundamental Managerial Accounting Concepts
ISBN: 978-1259569197
8th edition
Authors: Thomas Edmonds, Christopher Edmonds, Bor Yi Tsay, Philip Olds
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