Business, 27.04.2021 15:00, mmaglaya1

Waterway Industries uses the gross method to record sales made on credit. On June 10, 2020, it sold goods worth $246000 with terms 3/10, n/30 to Carla Vista Co. On June 19, 2020, Waterway received payment for 1/2 of the amount due from Carla Vista Co. Waterways fiscal year end is on June 30, 2020. What amount will be reported in the financial statements for the accounts receivable due from Carla Vista Co.

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Waterway Industries uses the gross method to record sales made on credit. On June 10, 2020, it sold...