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(Answered)-account's receivable, January 1, 2015 was 34,000 account's


account's receivable, January 1, 2015 was 34,000

account's receivable collected during 2015 was 46,000

cash sales during 2015 were 12,000

inventory, January 1, 2015 was 18000?

inventory december 31, 2015 was 19500?

purchases of inventory during 2015 was 40,000

gross profit for sales was 13,500?

what is the accounts receivable balance at December 31, 2015?

 


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