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Provide discounts to customers to encourage early payment. Employ just-in-time inventory methods to keep inventory low Carefully monitor payments so that payments are not made

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Provide discounts to customers to encourage early payment. Employ just-in-time inventory methods to keep inventory low Carefully monitor payments so that payments are not made early. QUESTION 28 Accounts and notes receivable are reported in the current assets section of the balance sheet at: cash (net) realizable value lower-of-cost-or-market value. invoice cost net book value. QUESTION 29 In 2017, Patterson Wholesale Company had net credit sales of \$750,000. On January 1, 2017, Allowance for Doubtful Accounts had a credit balance of $18,000. During 2017, \$30,000 of uncollectible accounts receivable were written off. Past experience indicates that the

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