125. Griggs Company began 2016 with a $64,000 debit balance in its Accounts Receivable account. During the accounting period, Griggs earned revenue on account amounting to $336,000. At the end of the accounting period, the Accounts Receivable account had a balance of $44,000.Using the above information, determine the amount of cash collected from accounts receivable during the accounting period.
Already registered? Login
Not Account? Sign up
Enter your email address to reset your password
Back to Login? Click here