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The following account balances come from the records of Springfield Company. Beginning Balance Ending Balance Accounts receivable $4,000 $4,500 Allowance for doubtful accounts 550 600
The following account balances come from the records of Springfield Company. Beginning Balance Ending Balance Accounts receivable $4,000 $4,500 Allowance for doubtful accounts 550 600 During the accounting period, Springfield recorded $32,000 of service revenue on account. The company also wrote off a $300 account receivable. Determine the amount of cash collected from receivables. Collections of accounts receivable $
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