Abc reported sales of 300000 write-offs of uncollectible, Financial Accounting

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Abc reported sales of 300000 write-offs of uncollectible

ABC reported sales of $300,000, write-offs of uncollectible accounts of $10,000 against the allowance for doubtful accounts, and a decrease in net accounts receivable of $40,000 during 2014. What would be ABC's cash collected from customers during 2014?

A. $300,000

B. $340,000

C. $350,000

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Financial Accounting: Abc reported sales of 300000 write-offs of uncollectible

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Financial Accounting: Abc reported sales of 300000 write-offs of uncollectible

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