Home / Answered Questions / Other / wildhorse-co-had-a-balance-in-the-accounts-receivable-account-of-768000-at-the-beginning-of-the-year-aw328

(Solved): Wildhorse Co. Had A Balance In The Accounts Receivable Account Of $768000 At The Beginning Of The Ye...

Wildhorse Co. had a balance in the Accounts Receivable account of $768000 at the beginning of the year and a balance of $8650

Wildhorse Co. had a balance in the Accounts Receivable account of $768000 at the beginning of the year and a balance of $865000 at the end of the year. Net credit sales during the year amounted to $6532000. The average collection period of the accounts receivable in terms of days was 91.3 days. 35.0 days. 45.6 days. 48.0 days.

We have an Answer from Expert View Expert Answer

Expert Answer

We have an Answer from Expert
Buy This Answer $6

-- OR --

Subscribe To View Unlimited Answers
Subscribe $20 / Month