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At January 1, 2020, Martinez Inc. had accounts receivable of $73,000. At December 31, 2020, accounts receivable is $54,000. Sales revenue for 2020 total $451,000.
At January 1, 2020, Martinez Inc. had accounts receivable of $73,000. At December 31, 2020, accounts receivable is $54,000. Sales revenue for 2020 total $451,000. Compute Martinez's 2020 cash receipts...
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