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Double West Suppliers ( DWS ) reported sales for the year of $ 3 9 0 , 0 0 0 , all on credit. The

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Double West Suppliers (DWS) reported sales for the year of $390,000, all on credit. The average gross profit percentage was 30 percent on sales. Account balances follow:
\table[[,Beginning,Ending],[Accounts receivable (net),$53,000,$63,000
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