Explore BrainMass

Explore BrainMass

    Amount of Cash Receipts for a Year

    This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

    Beverly Crusher Co. has accounts receivable of $14,000 at January 1, 2006, and $21,000 at December 31, 2006. Sales revenues for 2006 were $470,000.What is the amount of cash receipts from customers in 2006?

    © BrainMass Inc. brainmass.com June 3, 2020, 7:16 pm ad1c9bdddf
    https://brainmass.com/business/accounting/amount-cash-receipts-year-91915

    Solution Summary

    Basic calculations to find the cash receipts when given accounts receivable and sales revenues.

    $2.19

    ADVERTISEMENT