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Question 25 0/2 pts The CHS Company has provided the following information: Accounts receivable written-off as uncollectible during the year amounted to $12,000. The accounts
Question 25 0/2 pts The CHS Company has provided the following information: Accounts receivable written-off as uncollectible during the year amounted to $12,000. The accounts receivable balance at the beginning of the year was $117,000. The accounts receivable balance at the end of the year was $210,000. The allowance for doubtful accounts balance at the beginning of the year was $16,000. The allowance for doubtful accounts balance at the end of the year after the recording of bad debt expense was $12,900. Credit sales during the year totaled $935,000. How much cash was received from collections of accounts receivable? ed 83,100
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