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The question Task 2: Raysoot Company has sold goods on credit RO 550,000 on 31 December 2020 and received RO 100,000 towards credit sales. The
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Task 2: Raysoot Company has sold goods on credit RO 550,000 on 31" December 2020 and received RO 100,000 towards credit sales. The company had Allowance for bad debts (Credit) balance of RO 5500 and the balance in accounts receivable accounts RO 450,000 . b) c) Explain how the company can control the aged debts and the measures to collect them early (minimum 200 words) Step by Step Solution
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