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

Accounting

Bowers Corporation reported the following ($ in 000s) for the year:
Balance
Beginning Ending
Accounts Receivable $600 $850
Allowance for bad debts 40 35

Sales on account were $1,900, 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
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