The balance in Accounts Receivable was $650,000 at the beginning of the year and $350,000 at the end of
The year. Sales for the year totaled $4,100,000. During the year, $400,000 in customer accounts were written
Off. How much cash was collected from customers during the period?
A) $3,750,000
B) $4,000,000
C) $4,400,000
D) $4,800,000

Calculations:
Accounts Receivable
Dr Cr
[LIST]

[LIST]
Bal
collections
End bal