Pacific Whale Corporation reported the following information for 2011 and 2012: Accounts receivable, December 31, 2011 $122,000 Accounts receivable, December 31, 2012 113,000 Sales (all on credit)--2012 850,000 How much cash was received from customers during 2012?
A) $972,000
B) $841,000
C) $859,000
D) $963,000
C
You might also like to view...
There is no difference in the investing and financing sections of the statement of cash flows using the indirect anddirect method
a. True b. False Indicate whether the statement is true or false
Identify and describe the two main groups involved in establishing generally accepted accounting principles.
What will be an ideal response?
Cost of merchandise sold is the amount that the merchandising company pays for the merchandise it intends to sell
Indicate whether the statement is true or false
The concept of the _______________________ was established to improve the relationship between people and machines to increase organizational effectiveness and efficiency.
a. Quality of worklife b. Task-technology c. Sociotechnical system design d. People-focused