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22) Calculate the credit sales for the month of February. The January 31stbalance in Accounts...

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Accounting

22) Calculate the credit sales for the month of February. The January 31stbalance in Accounts Receivable was $4,000 and the February 28th

balance was $7,000. Furthermore, $20,000 was credited to the Accounts Receivable account based on customer payments. Assume normal starng and ending

balances.

a. $31,000

b. $9,000

c. $17,000

d. $23,000

How do you solve credit sales problems?

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