Business, 04.10.2020 16:01 tyler9158

Peace Company began the accounting period with a $14,000 debit balance in its accounts receivable account. During the accounting period, the company recorded revenue on account amounting to $44,000. The accounts receivable account at the end of the accounting period contained a $8,000 debit balance. Based on this information, the cash collected from accounts receivable during the period is

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Peace Company began the accounting period with a $14,000 debit balance in its accounts receivable ac...