Business, 22.04.2020 02:22, michaelswagout

The ending balance of accounts receivable was $74,000. Sales, adjusted to a cash basis using the direct method on the statement of cash flows, were $359,000. Sales reported on the income statement were $385,500. Based on this information, the beginning balance in accounts receivable was:

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The ending balance of accounts receivable was $74,000. Sales, adjusted to a cash basis using the dir...