SOLUTION: Can someone please help me with this problem: Port Corporation reported a $1,800 balance in accounts receivable on January 1, 2006. During the year, $12,400 of sales on account

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Question 176209: Can someone please help me with this problem:
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?
a. $10,600
b. $10,750
c. $12,350
d. $14,200
Answer by MathTherapy(10552) About Me  (Show Source):
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c. $12,350
1,800 + 12,400 = 14,200 - 850 = 13,350 (total A/R, less write-off)
$13,350 - $1,000 = $12,350 (cash collected during period)