The data below is for Benton Corporation for 2015. Accounts Receivable—January 1, 2015 $334,000 Credit sales during 2015 850,000 Collections from credit customers during 2015 725,000 Customer accounts written off as uncollectible during 2015 Allowance for Doubtful Accounts [Credit Balance] (After write-off of uncollectible accounts) 12,000 1,700 Estimated uncollectible accounts based on an
aging analysis 13,200 Refer to the data for Benton Corporation. What is the balance of Accounts Receivable at December 31, 2015?
a. $209,000
b. $225,000
c. $447,000
d. $459,000
c
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A transportation problem with intermediate points is called a transshipment problem
Indicate whether the statement is true or false
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