Business
Business, 17.04.2020 18:11, jayjay9496

During 2018, Oriole Inc. had sales on account of $203000, cash sales of $81000, and collections on account of $126400. In addition, they collected $2180 which had been written off as uncollectible in 2017. As a result of these transactions, the change in the accounts receivable balance indicates a
a. $491100 increase.
b. $249000 increase.
c. $498000 increase.
d. $242100 increase.

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Answers: 2

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During 2018, Oriole Inc. had sales on account of $203000, cash sales of $81000, and collections on a...

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