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The balance in Accounts Receivable was $46,400 at the beginning of the year and $51,200 at the end of the year. Credit sales for the
The balance in Accounts Receivable was $46,400 at the beginning of the year and $51,200 at the end of the year. Credit sales for the year totaled $200,000. During the year, $48,000 in customer accounting were written off. How much cash was collected from customers duringthe period?
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