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Cornerstone Exercise 5-30 (Algorithmic) Accounts Receivable Balance Beginning accounts receivable were $32,550. All sales were on account and totaled $287,430. Cash collected from customers totaled
Cornerstone Exercise 5-30 (Algorithmic) Accounts Receivable Balance
Beginning accounts receivable were $32,550. All sales were on account and totaled $287,430. Cash collected from customers totaled $276,750.
Required:
Calculate the ending accounts receivable balance
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