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Posted on Jul 22, 2024

Provided $ 7 0 , 0 0 0 of services on account. Collected $ 3 9 , 5 0 0 cash from accounts receivable. Paid

Provided $

70, 000

of services on account.

Collected $

39, 500

cash from accounts receivable.

Paid $

26, 000

of salaries expense for the year.

Roth adjusted the accounts using the following information from an accounts receivable aging schedule:

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