Refer to the situation described inBE 7-10. If credit sales for the year were $8,200,000 and $7,950,000

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Refer to the situation described in BE 7-10. If credit sales for the year were $8,200,000 and $7,950,000 was collected from credit customers, what was the beginning-of-year balance in accounts receivable?

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Intermediate Accounting

ISBN: 978-0077400163

6th edition

Authors: J. David Spiceland, James Sepe, Mark Nelson

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Question Posted: Jul 02, 2013 05:22 AM

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Refer to the situation described inBE 7-10. If credit sales for the year were $8,200,000 and $7,950,000

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Credit sales 8200000 Deduct Cash collections 7950000 ...View the full answer

Intermediate Accounting

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