Sales on account were 1900 and bad debt expense was 18 for, Ask an Expert

Accounting

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, Accounting

Category:- Accounting Basics
Reference No.:- M991372

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