Question: Current Attempt in Progress Presented below is information for Nash Company. 1. 2. Beginning-of-the-year Accounts Receivable balance was $18,700. Net sales (all on account)

2. Beginning-of-the-year Accounts Receivable balance was $18,700. Net sales (all on account)

Current Attempt in Progress Presented below is information for Nash Company. 1. 2. Beginning-of-the-year Accounts Receivable balance was $18,700. Net sales (all on account) for the year were $106,300. Nash does not offer cash discounts. 3. Collections on accounts receivable during the year were $88,700.

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