UMExam 4 April 26 1 x C b ezto.mheducation.com/hm.tpx Exam 4 April 26 30-1:00 p

Question

UMExam 4 April 26 1 x C b ezto.mheducation.com/hm.tpx Exam 4 April 26 30-1:00 p K Question 36 (of 40 36 Use the following information: Accounts Receivable Beg. Bal. 189,400 106.800 18190 64,090 5.590 14,890 19.390 Partial Ist account balances at the end of the year Cash $28.190 Accounts Receivable 35,790 Equipment 6,090 Accounts Payable year is: of tota current assets tot berepoted or the compan balance sheet otthe end the O $260720 O $146,840. O $330,420 O $140,820. v Jesse instructions help a save & Exit Submit TIme remaining: 0:29:52 12:30 PM 4/26/2016

Explanation / Answer

Accounts Receivable Beg Balance        1,89,400 Sales        1,06,800 Sales            64,090 Less: Collections          -18,190             -5,590          -14,890          -19,390 Accounts Receivable Balance        3,02,230 Add: Cash            28,190 Total Current assets        3,30,420

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