Question
Sales revenue for Marshall Mattresses was $240,000. The following data are from the accounting records of Marshall: Bad debt expense $2,000 Accounts receivable decrease 5,000
Sales revenue for Marshall Mattresses was $240,000. The following data are from the accounting records of Marshall:
Bad debt expense | $2,000 |
Accounts receivable decrease | 5,000 |
Allowance for uncollectible accounts increase | 3,000 |
What was the cash received from customers?
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Intermediate Accounting IFRS
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield
3rd edition
1119372933, 978-1119372936
