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During the most recent reporting period, Anjili Company had credit sales (sales on account) of $1,600,000. The beginning accounts receivable balance was $165,000 and the
During the most recent reporting period, Anjili Company had credit sales (sales on account) of $1,600,000. The beginning accounts receivable balance was $165,000 and the ending accounts receivable balance was $280,000. No A/R were written off or sold to factors. What were the cash collections from customers during the period? $1,600,000. $1,765,000. $1,815,000. $1,485,000
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