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Ha milton Company shows the following information concerning its net realizable value of accounts receivable. Ending Beginning Accounts receivable $750,000 $625,000 Allowance for uncollectible accounts
Hamilton Company shows the following information concerning its net realizable value of accounts receivable.
EndingBeginning
Accounts receivable$750,000$625,000
Allowance for uncollectible accounts 80,000 60,000
During the period, sales were $2,550,000, sales returns and allowances were $35,000, sales discounts were $40,800. The uncollectible accounts expense for the period was $25,000 and $5,000 of accounts were written off as uncollectible.
How much cash was received from customers?
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