How do you calculate credit sales?
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Works at the International Finance Corporation, Lives in Washington, D.C., USA.
Accounts receivable is a current asset on the balance sheet. 1. Total all cash received from credit customers during the period. The formula for calculating credit sales is cash received minus receivables at the start of the period, plus receivables at the end of the period.
2023-05-12 15:01:19
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Accounts receivable is a current asset on the balance sheet. 1. Total all cash received from credit customers during the period. The formula for calculating credit sales is cash received minus receivables at the start of the period, plus receivables at the end of the period.