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The following information was included in the financial statements of Frog Ltd for the year ended 20 June 20X2: Included in the Statement of Profit
The following information was included in the financial statements of Frog Ltd for the year ended 20 June 20X2: Included in the Statement of Profit or Loss: Sales revenue $8,000,000 Doubtful debts expense $70,000 Included in the Statement of Financial Position: 30 June 30 June 20X2 20X1 $ $ Accounts receivable 450,000 310,000 Allowance for doubtful debts (12,000) (5,000) Required: Write in the box below the net cash received from customers during the year ended 30 June 20X2. Do not write any dollar signs, negative signs, brackets or spaces in your
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