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Business, 08.04.2020 01:50 macinnoodlezz

Accounts receivable written-off as uncollectible during the year amounted to $12,600. The accounts receivable balance at the beginning of the year was $260,000. The accounts receivable balance at the end of the year was $320,000. The allowance for doubtful accounts balance at the beginning of the year was $15,100. The allowance for doubtful accounts balance at the end of the year after the recording of bad debt expense was $14,000. Credit sales during the year totaled $955,000. How much cash was received from collections of accounts receivable?

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