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  3. general company reported the following information

General Company reported the following information in its 2015 financial statements (S in millions): 6....

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Accounting

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General Company reported the following information in its 2015 financial statements (S in millions): 6. 2015 2014 Balance Sheet: Accounts Receivable, net S 953 S 1,084 2015 Income Statement: Sales Revenue Bad Debt Expense $4,271 14 A note disclosed that the allowance for uncollectible accounts had a balance of $18 million and S16 million at the end of 2015 and 2014, respectively. Required: Determine the amount of cash collected from customers during 2015

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