Beginning accounts receivable plus _____________ less collections equals _____________.
A) accounts payable, ending accounts receivable
B) sales, ending accounts receivable
C) inventory, ending accounts payable
D) None of these is correct.

Question

Quizplus · Accepted Answer

The correct formula for calculating ending accounts receivable is: Beginning accounts receivable + Sales - Collections = Ending accounts receivable.

Beginning Accounts Receivable Plus _____________ Less Collections Equals _____________

Beginning Accounts Receivable Plus _ Less Collections Equals _