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Question 119

Multiple Choice

Use the information below to answer the following question(s) .Gold Corporation has the following sales budget for the last six months of 2019:
Use the information below to answer the following question(s) .Gold Corporation has the following sales budget for the last six months of 2019:    Historically, the cash collection of sales has been as follows:    -What is the ending balance of accounts receivable at the end of September assuming uncollectible balance is written off in the third month after the sale? A) $199,000 B) $108,000 C) $104,000 D) $93,000 E) $88,000 Historically, the cash collection of sales has been as follows:
Use the information below to answer the following question(s) .Gold Corporation has the following sales budget for the last six months of 2019:    Historically, the cash collection of sales has been as follows:    -What is the ending balance of accounts receivable at the end of September assuming uncollectible balance is written off in the third month after the sale? A) $199,000 B) $108,000 C) $104,000 D) $93,000 E) $88,000
-What is the ending balance of accounts receivable at the end of September assuming uncollectible balance is written off in the third month after the sale?


A) $199,000
B) $108,000
C) $104,000
D) $93,000
E) $88,000

Correct Answer:

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