At the beginning of Year 2, Griggs Company had a $64,000 of accounts receivable. During Year 2, Griggs earned revenue on account totaling $336,000. At the end of Year 2, the company had $44,000 of accounts receivable.
Required:What was the amount of cash collected from accounts receivable during year 2?

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The Answer of At the beginning of Year 2, Griggs Company had a $64,000 of accounts receivable. During Year 2, Griggs earned revenue on account totaling $336,000. At the end of Year 2, the company had $44,000 of accounts receivable.
Required:What was the amount of cash collected from accounts receivable during year 2?

At the Beginning of Year 2, Griggs Company Had a $64,000