q what was the amount of cash a firm collected, Cost Accounting

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q what was the amount of cash a firm collected

Q. What was the amount of cash a firm collected from its customers, given the following fact set?

The firm's balance sheets at the beginning and end of the year show gross accounts receivable of $32 and $28, respectively. Also, the firm's beginning and ending allowance for uncollectible accounts are -$4 and -$5, respectively. Bad debt expense was $4, which was 2% of credit sales. The firm makes all sales on account.

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