On April 30, Gomez Services had an Accounts Receivable balance of $31,200. During the month of May, total credits to Accounts Receivable were $66,400 from customer payments. The May 31 Accounts Receivable balance was $25,000. What was the amount of credit sales during May?

Question

Business

Harmony Harper

8 August, 05:21

On April 30, Gomez Services had an Accounts Receivable balance of $31,200. During the month of May, total credits to Accounts Receivable were $66,400 from customer payments. The May 31 Accounts Receivable balance was $25,000. What was the amount of credit sales during May?

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Veronica Freeman · Answer 1

What was the amount of credit sales during May? $ 60200

Explanation:

April Deb Cre May

Account receivable 31200 66400 25000

31200 60200 66400 25000

Credit 66400 +

may-31 25000 +

apri-30 - 31200 -

= 60200