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During its first year of operations, Puffin, Inc. reported Sales Revenue of $388,800 but collected only $311,000 from customers. At the end of the year,

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During its first year of operations, Puffin, Inc. reported Sales Revenue of $388,800 but collected only $311,000 from customers. At the end of the year, Accounts Receivable equals: Multiple Choice $699,800 O O $311,000. $388,800. o o $77,800

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