The following information is taken from the accounts of


The following information is taken from the accounts of Birmingham Ltd for year ended 30 June 2016.

Accounts receivable, 1 July 2015   $ 95 000

Accounts receivable, 30 June 2016 $70 000

Allowance for doubtful debts, 1 July 2015 $ 13 000

Allowance for doubtful debts, 30 June 2016 $5 000

Credit sales $300 000

Cash sales $ 160 000

Bad debts expense $12 000

What was the amount of cash received from customers?

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Financial Accounting: The following information is taken from the accounts of
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