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The CHS Company has provided the following information: 8 00:24:27 Accounts receivable written-off as uncollectible during the year amounted to $12,100. The accounts receivable balance
The CHS Company has provided the following information: 8 00:24:27 Accounts receivable written-off as uncollectible during the year amounted to $12,100. The accounts receivable balance at the beginning of the year was $210,000. The accounts receivable balance at the end of the year was $270,000. The allowance for doubtful accounts balance at the beginning of the year was $14,600. The allowance for doubtful accounts balance at the end of the year after the recording of bad debt expense was $13,500. Credit sales during the year totaled $930,000, How much cash was received from collections of accounts receivable? Multiple Choice $857,900 $672,100 apter 6 Quiz Saved Help Save & Exit Submit How much cash was received from collections of accounts receivable? 8 Multiple Choice 00:24:09 $857,900. $672,100. $660,000 $917,900
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