Westcoast Corporation reported the following in its December 31, 2014, financial statements. 2014 2013 Accounts receivable balance,

Question:

Westcoast reported the following in its December 31, 2014, financial statements.
2014 2013
Accounts receivable balance, December 31.........$123,850.....$137,500
Sales revenue..............................................640,000
Calculate the cash receipts from customers
Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...