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On November 30, Milia Company Had Accounts Receivable of $65,140

Question 68

Multiple Choice

On November 30, Milia Company had Accounts Receivable of $65,140. During the month of December, the company received total payments of $80,000 from credit customers. The Accounts Receivable on December 31 was $43,160.
What was the amount of credit sales during December?


A) $ 98,360
B) $ 31,920
C) $186,680
D) $ 58,020

Correct Answer:

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