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Bailey Marie, Corp. December 31, 2019 Account Debit Credit Cash $20,000 Accounts Receivable 4,000 Prepaid Rent 4,800 Equipment 82,100 Buildings 200,000 Accounts Payable $9,500 Deferred

Bailey Marie, Corp.

December 31, 2019

Account Debit Credit
Cash $20,000
Accounts Receivable 4,000
Prepaid Rent 4,800
Equipment 82,100
Buildings 200,000
Accounts Payable $9,500
Deferred Revenue 3,400
Common Stock 145,000
Retained Earnings 50,200
Dividends 11,300
Service Revenue 250,000
Salaries Expense 91,000
Advertising Expense 14,200
Utiltities Expense 30,700
Total $458,100 $458,100

Using the above trial balance, how much does the company expect to collect from its customers for previous services provided, but payment has not yet been collected?

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