The Fisher Merchandising Company’s December 31 balance sheet contained the follo

Question

The Fisher Merchandising Company’s December 31 balance sheet contained the following information. If the Fisher Merchandising Company were to send invoices to its December 31 customers, what is the total dollar amount of invoices the company would send?

Assets
       

Current Assets
   

Cash

$13,000
Accounts Receivable
$35,700

Allowance for Uncollectible Accounts
$2,000
$33,700
Merchandise Inventory

$59,000
Supplies

$1,450
Prepaid Insurance

$2,950

a.
$0
b.
$13,000
c.
$35,700
d.
$2,000
e.
$33,700

Explanation / Answer

they will send invocies for all total account receivable and it is 33,700

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