Johnny had receivables of $4,500 at the start of 20X5. During the year

1.	Johnny had receivables of $4,500 at the start of 20X5. During the year to31 December 20X5 he makes credit sales of $45,000 and receives cash of $46,500 from credit customers. What is the balance on the receivables account at 31 December20X5? *1 point$6,000 DR$ 3,000 DR$ 6,000 CR$ 3,000 CR
Answer» Answer: Johnny had RECEIVABLES of $4,500 at the start of 20X5. During the year to31 December 20X5 he makes credit sales of $45,000 and RECEIVES cash of $46,500 from credit customers. What is the balance on the receivables account at 31 December20X5? * 1 POINT $6,000 DR $ 3,000 DR $ 6,000 CR $ 3,000 CR

Johnny had receivables of $4,500 at the start of 20X5. During the year to31 December 20X5 he makes credit sales of $45,000 and receives cash of $46,500 from credit customers. What is the balance on the receivables account at 31 December20X5? *1 point$6,000 DR$ 3,000 DR$ 6,000 CR$ 3,000 CR

Answer»

Answer:

Johnny had RECEIVABLES of $4,500 at the start of 20X5. During the year to31 December 20X5 he makes credit sales of $45,000 and RECEIVES cash of $46,500 from credit customers. What is the balance on the receivables account at 31 December20X5? *

1 POINT

$6,000 DR

$ 3,000 DR

$ 6,000 CR

$ 3,000 CR

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Johnny had receivables of $4,500 at the start of 20X5. During the year to31 December 20X5 he makes credit sales of $45,000 and receives cash of $46,500 from credit customers. What is the balance on the receivables account at 31 December20X5? *1 point$6,000 DR$ 3,000 DR$ 6,000 CR$ 3,000 CR​

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Johnny had receivables of $4,500 at the start of 20X5. During the year to31 December 20X5 he makes credit sales of $45,000 and receives cash of $46,500 from credit customers. What is the balance on the receivables account at 31 December20X5? *1 point$6,000 DR$ 3,000 DR$ 6,000 CR$ 3,000 CR