At November 1, 2021, Johnson Inc. had an Accounts Receivable balance of P200,000. During the month, the company made sal

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899603
Joined: Mon Aug 02, 2021 8:13 am

At November 1, 2021, Johnson Inc. had an Accounts Receivable balance of P200,000. During the month, the company made sal

Post by answerhappygod »

At November 1, 2021, Johnson Inc. had an Accounts Receivable
balance of P200,000. During the month, the company made sales on
account of P300,000. In addition, Johnson Inc. collected P400,000
from customers that owed them money. At November 30, 2021, the
Accounts Receivable balance is? show your solution.
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Post Reply