On January 1, 2015, Accounts Receivable was $37,000. Sales on account for 2015 totaled $196,000. The ending balance of Accounts Receivable was $66,000. What is the amount of cash collected from customers?
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On January 1, 2015,
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- On January 1, 2015, Accounts Receivable was $45,000. Sales on accountfor 2015 totaled $186,000. The ending balance of Accounts Receivable was $56,000. What is the amount of cash collected from customers?On January 1, 2015, Accounts Receivable was $37,000. Sales on account for 2015 totaled $196,000. The ending balance of Accounts Receivable was $66,000. What is the amount of cash collected from customers?On January 1, 2015, Accounts Receivable was $37,000. Sales on account for 2015 totaled $196,000. The ending balance of Accounts Receivable was $66,000. What is the amount of cash collected from customers? Accounting
- The amount of Cash?On January 1, 2015, Accounts Receivable was $37,000. Sales on account for 2015 totaled $196,000. The ending balance of Accounts Receivable was $66,000. What is the amount of cash collected from customers? I want answer to this financial accounting Problemplease solve this question
- What is the accounts receivable balance?On December 31, 2011, Wesam Company had a $60,275 balance in Accounts Receivable. During the year 2012, the company collected $104,050 from its credit customers. The December 31, 2012, balance of Accounts Receivable was $86,325. Determine the amount of Wesam Company's sales on account for 2012.A company reported the following information: Accounts receivable, December 31, 2023: $122,000 Accounts receivable, December 31, 2022: $113,000 Sales (all on credit) for 2023: $850,000 Accounts receivable, December 31, 2023 $122,000 Accounts receivable, December 31, 2022 113,000 Sales (all on credit) for 2023 850,000 How much cash was collected from customers during 2023?
- Beginning accounts receivable were $277,500 and ending accounts receivable were $303,300. Cash amounting to $2,950,000 was collected from customers' credit sales. Calculate the amount of sales on account during the period.In its March 31, 2021, financial statements, Tennyson Enterprises Inc. reported a beginning accounts receivable balance of $425,000 and an ending accounts receivable balance of $510,000. Tennyson reported sales for the year ended March 31, 2021, of $5,320,000. All sales are on credit. Required: Calculate the amount of cash Tennyson Enterprises Inc. collected from customers during fiscal 2021.Phoenix Corp's