Westcoast Corporation reported the following in its December 31, 2017, financial statements. .........................................................................................2017.......................2016 Accounts receivable balance, December

Question:

Westcoast Corporation reported the following in its December 31, 2017, financial statements.

.........................................................................................2017.......................2016

Accounts receivable balance, December 31..............$123,850................$137,500

Sales revenue.................................................................640,000.................$137,500

Calculate the cash receipts from customers.

Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...