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g At December 1, 2022, Orear Company's Accounts Receivable balance was $16,800. During December, Orear had credit sales of $45,000 and collected accounts receivable of $36,000. At December 31, 2022, the Accounts Receivable balance is

Respuesta :

Cricetus

Answer:

"$25,800" is the appropriate answer.

Explanation:

Given:

Credit sales,

= $45,000

Beginning balance,

= $16,800

Collections,

= $36,000

now,

The accounts receivable balance will be:

= [tex]Beginning \ balance+Credit \ sales-Collections[/tex]

On putting the values, we get

= [tex]16,800+45,000-36,000[/tex]

= [tex]61,800-36,000[/tex]

= [tex]25,800[/tex] ($)