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Indicate by choosing the correct option whether the following statement is true or false : One of the steps to calculate sales if no distinction

Indicate by choosing the correct option whether the following statement is true or false:

One of the steps to calculate sales if no distinction can be made between cash and credit sales, if you want to convert a single-entry system into a double-entry system where minimal records are kept, is to calculate the amounts with the aid of the trade receivables control account.


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