Pierce Corporation reported a $3,600 balance in Accounts Receivable on January 1, Year 2. During the year, sales on account in the amount of $24,800 were made. If the ending balance of Accounts Receivable is $3,700, what is the amount of cash received from customers?
A)$21,200
B)$21,500
C)$28,400
D)$24,700

Question

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The Answer of Pierce Corporation reported a $3,600 balance in Accounts Receivable on January 1, Year 2. During the year, sales on account in the amount of $24,800 were made. If the ending balance of Accounts Receivable is $3,700, what is the amount of cash received from customers?
A)$21,200
B)$21,500
C)$28,400
D)$24,700

Pierce Corporation Reported a $3,600 Balance in Accounts Receivable on January