Determine the amount of credit sales


Response to the following problem:

On April 30, Holden Company had an Accounts ... On April 30, Holden Company had an Accounts Receivable balance of $18,000. During the month of May, total credits to Accounts Receivable were $52,000 from customer payments.

The May 31 Accounts Receivable balance was $13,000. What was the amount of credit sales during May?

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Managerial Accounting: Determine the amount of credit sales
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