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Current Attempt in Progress Ivanhoe Company had accounts receivable of $129,000 on January 1, 2020. The only transactions that affected accounts receivable during 2020 were
Current Attempt in Progress Ivanhoe Company had accounts receivable of $129,000 on January 1, 2020. The only transactions that affected accounts receivable during 2020 were net credit sales of $1,290,000, cash collections of $1,210,000, and accounts written off of $43,000. (a) Compute the ending balance of accounts receivable. Ending balance of accounts receivable $
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