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Current Attempt in Progress At December 31, 2021, Grouper Imports reported this information on its balance sheet. Accounts receivable $564,800 Less: Allowance for doubtful
Current Attempt in Progress At December 31, 2021, Grouper Imports reported this information on its balance sheet. Accounts receivable $564,800 Less: Allowance for doubtful accounts 35,700 During 2022, the company had the following transactions related to receivables. 1. Sales on account $2.896,800 2 Sales returns and allowances 78,400 3. Collections of accounts receivable. 2.637,500 4. Write-offs of accounts receivable deemed uncollectible. 43,840 (a) 3PC
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