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How much cash was received on account

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Question - During the most recent month, Campbell Company began operations with a cash balance of $0 and made cash sales of $162,000. During this same time period, the company paid $64,000 in cash expenses. Additionally, the company purchased supplies on account $68,000, made sales on account, $180,000, and paid cash on account $12,000.

a) If cash at the end of the month totals $148,000, how much cash was received on account?

b) What is the total amount still to be paid?

c) What is the total amount still to be received?

Reference no: EM132083893

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