On April 30, Victor Services had an Accounts Receivable balance of $27,900. During the month of May, total credits to Accounts Receivable were $62,800 from customer payments. The May 31 Accounts Receivable balance was $22,000. What was the amount of credit sales during May? A. $56,900.
B. $62,800.
C. $39,200.
D. $5,900.
E. $68,700.
Answers (2)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “On April 30, Victor Services had an Accounts Receivable balance of $27,900. During the month of May, total credits to Accounts Receivable ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
Loud Larry is a popular talk show in which the host, Larry, likes to take a confrontational approach to interviewing his guests. Larry is a smoker. He invites Alice, a well-known anti-smoking advocate, to be on his show.
Answers (1)
An "autonomous person" is someone who: has reached the legal age to provide informed consent in the state. is willing to accept certain risks if the research will benefit others in the future.
Answers (1)
Britney sees an infomercial for a home fitness machine. The infomercial provides a website address that one can access for further product information.
Answers (2)
Super Saver Groceries purchased store equipment for $43,000. Super Saver estimates that at the end of its 10-year service life, the equipment will be worth $4,000.
Answers (1)
After working for 15 years as an emergency room technician, ralph is physically, mentally, and emotionally exhausted. ralph probably suffers from:
Answers (1)
New Questions in Business
Name and explain the relationship between corporate social responsibility and triple bottom line.
Answers (1)
One reason that businesses want to combine with other businesses is to A. avoid taxes. B. delay expenses. C. hire more workers. D. reduce expenses.
Answers (1)
Describe an industry or firm that you think might be able to weather an economic downturn and explain why.
Answers (1)
Suire Corporation is considering dropping product D14E. Data from the company's accounting system appear below: Sales $ 800,000 Variable expenses $ 381,000 Fixed manufacturing expenses $ 263,000 Fixed selling and administrative expenses $ 211,000
Answers (1)
To reverse a downward trend in sales, Mazda introduced its MPV minivan. Mazda positioned its van as a cross between a standard minivan and a sport utility vehicle.
Answers (1)