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Colton Inc. reported the following (after all adjustments): Debit Credit Accounts Receivable, 12/31/X6 $19, 500 Allowance for Uncollectible, 12/31/X6 $ 2,000 Credit sales to customers
Colton Inc. reported the following (after all adjustments): Debit Credit Accounts Receivable, 12/31/X6 $19, 500 Allowance for Uncollectible, 12/31/X6 $ 2,000 Credit sales to customers during 20X6 161, 280 Uncollectible Account Expense during 'X6 3, 490 Based on this information, how much does Colton expect to collect from its customers after 12/31/X6? $19, 500 $17, 500 $161, 280 $157, 790
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