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If Supreme Ltd has the following opening account balances for its debtors of: $6,000, $7,000, $4,000; sales returns of $2,500 and cash received from debtors
If Supreme Ltd has the following opening account balances for its debtors of: $6,000, $7,000, $4,000; sales returns of $2,500 and cash received from debtors during the period amounting to $5,000.
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The closing balance of the control account for accounts receivable can be calc...
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