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Gray and Durnham , a law firm, started 2 0 2 0 with accounts receivable of $ 6 5 , 0 0 0 and an

Gray and Durnham, a law firm, started 2020 with accounts receivable of $65,000 and an allowance for uncollectible accounts of $4,500. The 2020 service revenue on account was $421,000, and cash collections on account totalled $418,000

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