Chapter 4, Problem 4.9BE

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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

general accounting answer

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? Correct Answer

Give true answer this financial accounting question

Sub : general accounting

How much is cash received from customer for the year? General Accounting question

Materials:72000, labor & overhead:58000

What amount should be reported on the balance sheet for inventory on these general accounting question?