Solved: For the month of december 2015 the records of seal, Accounting Basics

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For the month of december 2015 the records of seal

Question - For the month of December 2015 the records of Seal Corporation show the following information:

Cash received on account receivable $57,000

Cash sales $47,000

Account receivable December 1, 2015 $70,000

Account receivable December 31, 2015 $65,000

Determine the amount of sales for the month of December 2015.

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Accounting Basics: For the month of december 2015 the records of seal

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Accounting Basics: For the month of december 2015 the records of seal

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