Beginning accounts receivable were $80,200, and ending accounts receivable were $83,700. All sales were on credit and
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Determine how much cash was collected from customers?
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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