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Fullerton Company, which has been in business for three years, makes all of its sales on account and does not offer cash discounts. The firm's
Fullerton Company, which has been in business for three years, makes all of its sales on account and does not offer cash discounts. The firm's credit sales, coll. from customers, and writeoffs of uncollectible accounts for the threeyear period are summarized below:
tableYearSales,Collections,Accounts Written OffYear $$$
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