Cash collected from customers on account, Accounting Basics

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Cash collected from customers on account

Bowers Corporation reported the following ($ in 000's) for the year:

Accounts Receivable: Beginning balance 600 ending balance 850
Allowance for bad debts: Beginning balance 40 ending balance 35

Sales on account were $1900 and bad debt expense was $18 for the year. How much cash was collected from customers on account?

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Accounting Basics: Cash collected from customers on account

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Accounting Basics: Cash collected from customers on account

Reference No:- TGS091372

Have a Question? (oR Write a Review)

Recent Questions Asked Accounting Basics

Q : Importance of the news media

Q : Treatment of information

Q : Characteristics of academic communication

Q : Describe three steps to implementing performance management

Q : Cash collected from customers on account

Q : What is lowest selling price garland''s management accept

Q : What is the probability that total weight of boxes exceeds

Q : What gain or loss, if any, would lpc record on this date

Q : Strategic capital investment decisions

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Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: Cash collected from customers on account

Reference No:- TGS091372

Recent Questions Asked Accounting Basics

Q : Importance of the news media

Q : Treatment of information

Q : Characteristics of academic communication

Q : Describe three steps to implementing performance management

Q : Cash collected from customers on account

Q : What is lowest selling price garland''s management accept

Q : What is the probability that total weight of boxes exceeds

Q : What gain or loss, if any, would lpc record on this date

Q : Strategic capital investment decisions

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