If the cash collections from customers amounted to $634,800 and the Accounts Receivable account decreased $19,400 during the same period,sales for the period were:
A) $615,400
B) $634,800
C) $654,200
D) indeterminable from the information given

Question

Quizplus · Accepted Answer

Sales = Cash collections from customers + Decrease in Accounts Receivable= $634,800 + $19,400= $654,200

If the Cash Collections from Customers Amounted to $634,800 and the Accounts