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Days of Slumber sells mattress for cash and on credit. At the end of 2014 , the following appeared in the company's balance sheet: Accounts
Days of Slumber sells mattress for cash and on credit. At the end of 2014 , the following appeared in the company's balance sheet: Accounts receivable, net of $2,460 allowance. $166,200 Which one of the following statements for Days of Slumber is correct? Customers owe $168,660 to Days of Slumber Days of Slumber wrote off $2,460 of uncollectible accounts during 2014. The net realizable value of Days of Slumber's accounts receivable totals $163,740. Days of Slumber expects to collect $163,470 from customers
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