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1 Kermit has a lawn mowing business. Kermit started the month of July with $125 of receivables. During July he billed his customers a total

1 Kermit has a lawn mowing business. Kermit started the month of July with $125 of receivables. During July he billed his customers a total of $940 for lawns mowed and received $860 of payments from customers. What is the balance in Accounts Receivable at the end of the month? $45 $125 $205 $860 $1,065

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