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Able Corp made the following transactions in April: Bought $300 of inventory for cash. Sold $125 of inventory for $225 cash. Sold $130 of inventory
Able Corp made the following transactions in April:
Bought $300 of inventory for cash.
Sold $125 of inventory for $225 cash.
Sold $130 of inventory for $300 on account. 300
Collected $450 of accounts receivable. 450
How much did accounts receivable increase (decrease)?
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