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Kerwick Company had accounts receivable of $178,800 on January 1, 2017. The only transactions that affected accounts receivable during 2017 were net credit sales of
Kerwick Company had accounts receivable of $178,800 on January 1, 2017. The only transactions that affected accounts receivable during 2017 were net credit sales of $1,433,800, cash collections of $1,346,000, and accounts written off of $30,000.
Question 3 Kerwick Company had accounts receivable of $178,800 on January 1, 2017. The only transactions that affected accounts receivable during 2017 were net credit sales of $1,433,800, cash collections of $1,346,000, and accounts written off of $30,000. (a) Compute the ending baiance of accounts Compute the ending balance of accounts receivable Ending balance of accounts receivableStep by Step Solution
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