Beginning accounts receivable were $43,375. All sales were on account and totaled $187,600. Cash collected from customers
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Calculate the ending accounts receivable balance?
Accounts Receivable
Accounts receivables are debts owed to your company, usually from sales on credit. Accounts receivable is business asset, the sum of the money owed to you by customers who haven’t paid.The standard procedure in business-to-business sales is that...
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