Question

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 $13,000. What was the amount of credit sales during May?
A.$ 5,000.
B.$47,000.
C.$52,000.
D.$57,000.
E.$32,000.

Answer

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