Answer:
$7,360
Step-by-step explanation:
To determine the amount of cash inflow from customers open a Total Receivable Account and determine the Cash Balance.
Total Receivable T - Account
Debit :
Beginning Balance $1,920
Credit Sales $7,160
Total $9,080
Credit :
Uncollectable expense $500
Cash Received (Balancing figure) $7,360
Ending Balance $1,220
Total $9,080
Conclusion :
the amount of cash inflow from customers is $7,360