Baird Corporation had beginning Accounts Receivable of $254,000 and ending Accounts Receivable of $228,000. Assume total credit sales were $1,440,000.
Required:a)What amount of cash was collected from customers?b)How would the information provided in this question be reported on the statement of cash flows using the:
1)Indirect method?2)Direct method?

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The Answer of Baird Corporation had beginning Accounts Receivable of $254,000 and ending Accounts Receivable of $228,000. Assume total credit sales were $1,440,000.
Required:a)What amount of cash was collected from customers?b)How would the information provided in this question be reported on the statement of cash flows using the:
1)Indirect method?2)Direct method?

Baird Corporation Had Beginning Accounts Receivable of $254,000 and Ending