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11 August, 07:28

During 2022 Windsor, Inc. had sales on account of $734000, cash sales of $312000, and collections on account of $516000. In addition, they collected $9900 which had been written off as uncollectible in 2021. As a result of these transactions the change in the accounts receivable indicates a

a. $533000 increase.

b. $218000 increase.

c. $530000 increase.

d. $208100 increase.

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  1. 11 August, 10:11
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    b. $218000 increase.

    Explanation:

    increase in amount = $734000 - $516000

    = $218000

    Therefore, As a result of these transactions the change in the accounts receivable indicates a $218000 increase.
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