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The following item appeared on Webb Company's balance sheet: |Accounts receivable (less allowance of $250,000) $1,800,000 Which of the following numbers represents the amount of

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The following item appeared on Webb Company's balance sheet: |Accounts receivable (less allowance of $250,000) $1,800,000 Which of the following numbers represents the amount of accounts receivable that Webb Company expects to collect from customers? $1,800,000 $250,000 none of the above $2,050,000

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