Accounting questions and answers in January 2017
Consider the following: 20X8 20X7 20X6 Sales $2,000,000 $2,500,000 $2,400,000 December 31 20X8 20X7 20X6 Accounts receivable $ 195,000 $ 190,000 $ 185,000 Of the total sales, 80% are on account. Compu...