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?© BrainMass Inc. brainmass.com June 4, 2020, 2:52 am ad1c9bdddf
Beginning balance is 5,400
Ending balance is 2,200
Credit sales are 30,000
Cash collected = ...
This solution calculates the cash collected from customers during the month.