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Desert Company Reports the following on their Adjusted Trial Balance: Account Debit Credit Cash 150,000 Accounts Receivable 250,000 Inventory 300,000 Accounts Payable 50,000 Notes
Desert Company Reports the following on their Adjusted Trial Balance: Account Debit Credit Cash 150,000 Accounts Receivable 250,000 Inventory 300,000 Accounts Payable 50,000 Notes Payable 250,000 Common Stock Retained Earnings 200,000 200,000 Service Revenue Sales Revenue COGS 150,000 150,000 100,000 Operating Expenses 200,000 What will be the balance of Accounts Receivable on the Post-Closing Trial Balance?
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