SDB reported sales of $300,000, write-offs of uncollectible accounts of $10,000 against the allowance, and a decrease in net accounts receivable of $40,000 during 2011.
Calculate what would be SDB's cash collected from customers during 2011.

Question

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The Answer of SDB reported sales of $300,000, write-offs of uncollectible accounts of $10,000 against the allowance, and a decrease in net accounts receivable of $40,000 during 2011.
Calculate what would be SDB's cash collected from customers during 2011.

SDB Reported Sales of $300,000, Write-Offs of Uncollectible Accounts of $10,000