Requirement 1: a. Accounts Receivable had a balance of $1,800 at the beginning of the month and $1,350 at the end of the month. Credit sales totaled $18,000 during the month. Calculate the cash...


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Requirement 1:<br>a. Accounts Receivable had a balance of $1,800 at the beginning of the month and $1,350 at the end of the month. Credit sales totaled<br>$18,000 during the month. Calculate the cash collected from customers during the month, assuming that all sales were made on-<br>account.<br>Cash collected from customers<br>b. The Supplies account had a balance of $810 at the beginning of the month and $1,095 at the end of the month. The cost of supplies<br>used during the month was $3,510. Calculate the cost of supplies purchased during the month. .<br>Cost of supplies purchased<br>c. Wages Payable had a balance of $615 at the beginning of the month. During the month, $5,700 of wages were paid to employees.<br>Wages Expense accrued during the month totaled $6,150. Calculate the balance of Wages Payable at the end of the month.<br>Wages payable<br>

Extracted text: Requirement 1: a. Accounts Receivable had a balance of $1,800 at the beginning of the month and $1,350 at the end of the month. Credit sales totaled $18,000 during the month. Calculate the cash collected from customers during the month, assuming that all sales were made on- account. Cash collected from customers b. The Supplies account had a balance of $810 at the beginning of the month and $1,095 at the end of the month. The cost of supplies used during the month was $3,510. Calculate the cost of supplies purchased during the month. . Cost of supplies purchased c. Wages Payable had a balance of $615 at the beginning of the month. During the month, $5,700 of wages were paid to employees. Wages Expense accrued during the month totaled $6,150. Calculate the balance of Wages Payable at the end of the month. Wages payable

Jun 11, 2022
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