Sales revenue for Marshall Mattresses was $240,000. The following data are from the accounting records of Marshall: Bad debt expense $2,000
Sales revenue for Marshall Mattresses was $240,000. The following data are from the
accounting records of Marshall:
Bad debt expense $2,000
Accounts receivable decrease 5,000
Allowance for uncollectible accounts increase 3,000
The cash received from customers was:
(A) $235,000
(B) $244,000
(C) $245,000
(D) $246,000