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At the end of February this year account receivable was $60,000. The Cash collection from the sales during February was 40% and the remaining to

At the end of February this year account receivable was $60,000. The Cash collection from the sales during February was 40% and the remaining to be collected next month. Find the total sales realized during February. 1. $60,000/40% 2. $60,000 3. $60,000/60% 4. $100,000

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