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A firm starts with $5,000 of accounts receivables and ends the period with $4,000 of receivables. If it collected $20,000 of receivables during the period,
A firm starts with $5,000 of accounts receivables and ends the period with $4,000 of receivables. If it collected $20,000 of receivables during the period, what was the amount of sales? Multiple Choice $19,000 $20,000 $21,000 $24,000
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