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Exercise 8-17 (Part Level Submission) Skysong, Inc. had accounts receivable of $150,000 on January 1, 2019. The only transactions that affected accounts receivable during 2019
Exercise 8-17 (Part Level Submission) Skysong, Inc. had accounts receivable of $150,000 on January 1, 2019. The only transactions that affected accounts receivable during 2019 were net credit sales of $3,850,000, cash collections of $3,780,000, and accounts written off of $20,000 (a) Your answer is correct. Compute the ending balance of accounts receivable. Ending balance of accounts receivable Click if you would like to Show Work for this question: 200,000 Open Show Work SHOW SOLUTIONSHOW ANSWER LINK TO TEXT Attempts: 1 of 3 used (b) Compute the accounts receivable turnover for 2019. (Round answer to O decimal places, e.g. 25. Accounts receivable turnover
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