On April 30, Gomez Services had an Accounts Receivable balance of $33,400. During the month of May, total credits to Accounts Receivable were $68,800 from customer payments. The May 31 Accounts Receivable balance was $27,000. What was the amount of credit sales during May?

Respuesta :

Answer:

The amount of credit sales during may is $62,400.

Explanation:

credit sales = accounts receivable balance on 31 may + total credits to accounts receivable - accounts receivable balance on 30 april  

                   = $27,000 + $68,800 - $33,400

                   = $62,400

Therefore, the amount of credit sales during may is $62,400.