Dec. 31, 2017 $20,000 From Balance Sheets Dec. 31, 2018 Accounts Receivable $ 25,000 From Income Statement: 2018 Sales 220,000
Dec. 31, 2017 $20,000 From Balance Sheets Dec. 31, 2018 Accounts Receivable $ 25,000 From Income Statement: 2018 Sales 220,000
College Accounting (Book Only): A Career Approach
13th Edition
ISBN:9781337280570
Author:Scott, Cathy J.
Publisher:Scott, Cathy J.
Chapter12A: The Statement Of Cash Flows
Section: Chapter Questions
Problem 4P
Related questions
Question
![Use the following excerpts from
Brownstone Company's financial
statements and complete the
worksheet below to determine cash
received from customers in 2018.
From Balance Sheets
Accounts Receivable
Dec. 31, 2018
$ 25,000
Dec. 31, 2017
$20,000
From Income Statement:
2018
Sales
220,000
PLEASE NOTE: You are to follow
the format shown in the textbook.
Cash Collected from
V [ Select ]
elect ]
Accrual Basis Sales
elect ]
Potential Cash Collected
Ending balance,
elect ]
Accounts Receivable
elect ]
Cash collected
from Customers
elect ]
Beginning balance,
Accounts Receivable](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F6e1977ae-bab2-45cd-ad9b-1bdaf8cd8b26%2Fb4fa91db-b9c9-40c9-93f7-bfc2930608b5%2F9koet68_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Use the following excerpts from
Brownstone Company's financial
statements and complete the
worksheet below to determine cash
received from customers in 2018.
From Balance Sheets
Accounts Receivable
Dec. 31, 2018
$ 25,000
Dec. 31, 2017
$20,000
From Income Statement:
2018
Sales
220,000
PLEASE NOTE: You are to follow
the format shown in the textbook.
Cash Collected from
V [ Select ]
elect ]
Accrual Basis Sales
elect ]
Potential Cash Collected
Ending balance,
elect ]
Accounts Receivable
elect ]
Cash collected
from Customers
elect ]
Beginning balance,
Accounts Receivable
![Use the following excerpts from
Brownstone Company's financial
statements and complete the
worksheet below to determine cash
received from customers in 2018.
From Balance Sheets
Accounts Receivable
Dec. 31, 2018
$ 25,000
Dec. 31, 2017
$20,000
2018
220,000
From Income Statement:
Sales
PLEASE NOTE: You are to follow
the format shown in the textbook.
Cash Collected from
Sales Revenue
[ Select ]
[ Select ]
[ Select ]
[ Select ]
[ Select ]
[ Select ]
[ Select ]
[ Select ]
[ Select ]
[ Select ]
<>
<>
<>
<>](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F6e1977ae-bab2-45cd-ad9b-1bdaf8cd8b26%2Fb4fa91db-b9c9-40c9-93f7-bfc2930608b5%2Fzoaa16k_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Use the following excerpts from
Brownstone Company's financial
statements and complete the
worksheet below to determine cash
received from customers in 2018.
From Balance Sheets
Accounts Receivable
Dec. 31, 2018
$ 25,000
Dec. 31, 2017
$20,000
2018
220,000
From Income Statement:
Sales
PLEASE NOTE: You are to follow
the format shown in the textbook.
Cash Collected from
Sales Revenue
[ Select ]
[ Select ]
[ Select ]
[ Select ]
[ Select ]
[ Select ]
[ Select ]
[ Select ]
[ Select ]
[ Select ]
<>
<>
<>
<>
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