Table 15.6
A breakdown of Teffan, Inc.'s outstanding accounts receivable dated June 30, 2014 on the basis of the month in which the credit sale was initially made follows. The firm extends 30-day credit terms.
-Accounts receivable over 90 days total ________. (See Table 15.6)
A) $200,000
B) $470,000
C) $300,000
D) $100,000

Question

Table 15.6
A breakdown of Teffan, Inc.'s outstanding accounts receivable dated June 30, 2014 on the basis of the month in which the credit sale was initially made follows. The firm extends 30-day credit terms. 
-Accounts receivable over 90 days total ________. (See Table 15.6)
A) $200,000 
B) $470,000 
C) $300,000 
D) $100,000

Quizplus · Accepted Answer

The Answer of Table 15.6
A breakdown of Teffan, Inc.'s outstanding accounts receivable dated June 30, 2014 on the basis of the month in which the credit sale was initially made follows. The firm extends 30-day credit terms. 
-Accounts receivable over 90 days total ________. (See Table 15.6)
A) $200,000 
B) $470,000 
C) $300,000 
D) $100,000

Table 15.6 A Breakdown of Teffan, Inc.'s Outstanding Accounts Receivable Dated June