Working at a large pharmacy is tightly regulated the pharmacist ensure order accuracy monitor for interactions and consult with clients the pharmacy technicians receive and dispense orders answer phone and answer questions this represents which positive feature of bureaucracy
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Ответ:
The answer is : $104,000
Explanation:
First, we have to lay out the particulars, and explain what each of them mean:
debit balance in account receivable = $32,000. This refers to an amount that cusomers owed the company at the beginning of the period.
revenue recorded = $88,000. This refers to the total sales made by the company.
At the end of the period, we are told that the account receivable contained a balance of $16,000
Therefore it means that after all the payments (both balance from previous period and sales transactions) have been made in cash, the amount which the customers owed the company = $16,000.
Hence the cash collected is calculated as follows
(debit balance at beginning + revenue) - debit balance at the end = cash collected
(32,000 + 88,000) - 16,000 = cash collected
120,000 - 16,000 = cash collected
cash collected = $104,000