Solution-How much cash was collected from making sales and

How much cash was collected from making sales and collecting

Reference no: EM131132505

Beginning and ending accounts receivable are $76,000 and $42,000, respectively. Sales for the period total $384,000, of which $40,000 was directly for cash. How much cash was collected from making sales and collecting accounts receivable?

a. $344,000

b. $418,000

c. $378,000

d. $376,000

Reference no: EM131132505

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How much cash was collected from making sales and collecting

Reference no: EM131132505

Reference no: EM131132505

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