Question
ABC started the year with 96,000 of accounts receivable. During the year credit sales were 1,711,000 and at the end of the year, ABC had
ABC started the year with 96,000 of accounts receivable. During the year credit sales were 1,711,000 and at the end of the year, ABC had 80,000 of accounts receivable. How much did ABC collect on its accounts receivable during the year?
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Financial Markets And Institutions
Authors: Jeff Madura
9th Edition
1439038848, 978-1439038840
