The balance in accounts receivable at the beginning of 2016, Ask an Expert

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The balance in accounts receivable at the beginning of 2016 was $670. During 2016, $2,200 of credit sales were recorded. If the ending balance in accounts receivable was $100 and $200 in accounts receivable were written off during the year, the amount of cash collected from customers during 2016 was:

a) $2,200.
b) $2,570.
c) $2,870.
d) $2,770.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M91733564

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