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    This post calculates the cash collected from customers.

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    Accounts Receivable had a blalance of $5400 the beginning of the month and $2,200 at the end of the month. Credit sales totaled $30,000 during the month. Assuming that all sales were made, how would one calculate the cash collected from customers during the month?

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    https://brainmass.com/business/auditing/calculating-cash-collected-customers-485090

    Solution Preview

    Beginning balance is 5,400
    Ending balance is 2,200
    Credit sales are 30,000

    Cash collected = ...

    Solution Summary

    This solution calculates the cash collected from customers during the month.

    $2.19

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