document.write( "Question 176209: Can someone please help me with this problem:\r
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document.write( "Port Corporation reported a $1,800 balance in accounts receivable on January 1, 2006. During the year, $12,400 of sales on account were made. During the year, Port wrote off as uncollectible, accounts receivable of $850. If the ending balance of accounts receivable is $1,000 what is the amount of cash received from customers?\r
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document.write( "a. $10,600
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document.write( "b. $10,750
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document.write( "c. $12,350
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document.write( "d. $14,200
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Algebra.Com's Answer #131405 by MathTherapy(10552)![]() ![]() You can put this solution on YOUR website! c. $12,350\r \n" ); document.write( "\n" ); document.write( " 1,800 + 12,400 = 14,200 - 850 = 13,350 (total A/R, less write-off)\r \n" ); document.write( "\n" ); document.write( "$13,350 - $1,000 = $12,350 (cash collected during period) \n" ); document.write( " |