The following are sales of The Holiday Store during February. The Store sells seasonal holiday...
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The following are sales of The Holiday Store during February. The Store sells seasonal holiday items 2/3 Sold 50 heart balloons for $5 cash each. 2/8 Sold 100 boxes of chocolates at $10 each, terms 2/10, n/30. Collected within the discount period. 2/10 Sold 50 heart necklaces for $25 each with no discount. Have not collected as of month end. 2/14 Sold 100 bouquets of roses at $30 per bouqu et. Half the sales were on account. By month end, 75% of the credit sales were collected Sold 20 leftover heart necklaces to a discount store for $15 each on credit. Sold a display cabinet at a swap meet for $100 on account 2/27 2/28 Determine the balance in Accounts Receivable at 2/28. Total Accounts Receivable$
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