What was the accounts receivable balance at the beginning, Accounting Basics

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What was the accounts receivable balance at the beginning

The following information is for X Company's operations during the year:

Sales on account	$5,876
Cash sales	$5,237
Cash collections from customers on account	$6,083

If the Accounts Receivable balance at the end of the year was $1,165, what was the Accounts Receivable balance at the beginning of the year?

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Accounting Basics: What was the accounts receivable balance at the beginning

Reference No:- TGS0684159

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Recent Questions Asked Accounting Basics

Q : Explain normal costing system

Q : Calculate the amount of warranty expense on angel

Q : Find proportion of male college students whose height taller

Q : What will be the result of the adjusting entry

Q : What was the accounts receivable balance at the beginning

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Q : Why the x company prepares annual financial statements

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Q : Find expectation for profit if growing season is moderate

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Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: What was the accounts receivable balance at the beginning

Reference No:- TGS0684159

Recent Questions Asked Accounting Basics

Q : Explain normal costing system

Q : Calculate the amount of warranty expense on angel

Q : Find proportion of male college students whose height taller

Q : What will be the result of the adjusting entry

Q : What was the accounts receivable balance at the beginning

Q : Determine the amount of any impairment loss

Q : Why the x company prepares annual financial statements

Q : Find the present value of the arm loan

Q : Find expectation for profit if growing season is moderate

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