Kozicek Corporation reported credit sales of $200,000,accounts receivable of $110,000 at the beginning of the year,and accounts receivable of $150,000 at the end of the year.During the year Kozicek wrote off $10,00 as bad debt.Cash collections from customers during the year were:
A) $160,000
B) $200,000
C) $300,000
D) $150,000
Correct Answer:
Verified
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