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Accounts recievable

Asked Nov 23, 2008, 01:52 PM — 2 Answers
What do accounts receivables (AR) equal given the following information for your customer, John Dell? Cash sale $5,000, credit sale $3,000, payment from John Dell $2,000, cash sale $3,000, credit sale $6,000, credit sale $2,000.

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ASKnRECIEVE Posts: 9, Reputation: 4
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#2

Nov 23, 2008, 07:11 PM
3-2+6+2=9k
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Shazbot Posts: 3, Reputation: 1
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#3

Nov 24, 2008, 10:52 AM
My guess would be 5K as that would be the 2 cash amounts received added together.
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