The CHS Company has provided the following information: • Accounts receivable written-off as uncollectible during the year amounted to $11,500. • The accounts receivable balance at the beginning of the year was $150,000. • The accounts receivable balance at the end of the year was $210,000. • The allowance for doubtful accounts balance at the beginning of the year was $14,000. • The allowance for doubtful accounts balance at the end of the year after the recording of bad debt expense was $12,900. • Credit sales during the year totaled $900,000. How much cash was received from collections of accounts receivable?
Answers: 3
Business, 22.06.2019 11:40
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Business, 22.06.2019 13:20
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Business, 22.06.2019 15:40
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Answers: 1
The CHS Company has provided the following information: • Accounts receivable written-off as uncolle...
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