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11 February, 05:20

On April 30, Gomez Services had an Accounts Receivable balance of $31,200. During the month of May, total credits to Accounts Receivable were $66,400 from customer payments. The May 31 Accounts Receivable balance was $25,000. What was the amount of credit sales during May?

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  1. 11 February, 05:27
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    What was the amount of credit sales during May? $ 60200

    Explanation:

    April Deb Cre May

    Account receivable 31200 66400 25000

    31200 60200 66400 25000

    Credit 66400 +

    may-31 25000 +

    apri-30 - 31200 -

    = 60200
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