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If accounts receivable is $1,500 at the end of March and $1,350 at the end of April, the most likely explanation is: O Customers purchased
If accounts receivable is $1,500 at the end of March and $1,350 at the end of April, the most likely explanation is: O Customers purchased $150 less merchandise in April than in March O Accounts payable will decline by a like amount $150 more was collected from customers during the month than was lent to customers Customers were slower to pay their bills in March
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