Glueck Corp. reports sales revenue of $200,000. During the year, the company's accounts receivable balance decreased by $14,000. Additional information reveals that during the year accounts totaling $7,000 were written off and bad debt expense of $10,000 was recognized. A journal entry prepared to determine cash collected from customers would include debits to .

Answer:

Increase allowance and Sales revenue of $200,000

Explanation:

Since the focus is on journal entry for cash collected from customers, therefore it should include the increase in the debt expense allowance and the $200,000 sales revenue.

c

explanation:

c because the item on a bank statement is also referred to as an account statement. in addition, it provides the beginning balance, ending balance, statement date, transaction date for each transaction, payee, customer name and address, statement period, the account holder's account number, and the bank's customer service number

answer(eu) is the correct answer;