The following data pertain to Golden State Corporation:
$\begin{array}{llr}
\text {Days' sales uncollected for 2010 } &25\
\text {Accounts receivable, 12/31/2009 } &\$78,000\
\text { Accounts receivable $ 12 / 31 / 2010 $} &\$82,000
\end{array}$
Calculate the amount of net sales reported for 2010.Use 365 days per year.

Question

The following data pertain to Golden State Corporation:
 $\begin{array}{llr}
  \text {Days' sales uncollected for 2010  } &25\
 \text {Accounts receivable, 12/31/2009  } &\$78,000\
 \text {  Accounts receivable $ 12 / 31 / 2010 $} &\$82,000
\end{array}$
 Calculate the amount of net sales reported for 2010.Use 365 days per year.

Quizplus · Accepted Answer

The Answer of The following data pertain to Golden State Corporation:
 $\begin{array}{llr}
  \text {Days' sales uncollected for 2010  } &25\
 \text {Accounts receivable, 12/31/2009  } &\$78,000\
 \text {  Accounts receivable $ 12 / 31 / 2010 $} &\$82,000
\end{array}$
 Calculate the amount of net sales reported for 2010.Use 365 days per year.

The Following Data Pertain to Golden State Corporation Calculate the Amount of Net Sales Reported for 2010