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Dane sells on credit terms of 2/10, n/30. Average daily credit sales is P50,000. On the average, 70% of the customers avail of the discount

Dane sells on credit terms of 2/10, n/30. Average daily credit sales is P50,000. On the average, 70% of the customers avail of the discount and pay on the 10th day after purchase, while the rest pay on the last day of the credit term. How much is the company's accounts receivable balance?

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