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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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Answer:

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  

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