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There were $179,600 of sales on account during the accounting period. Write-offs of uncollectible accounts were $1,900. What was the amount of cash collected from
There were $179,600 of sales on account during the accounting period. Write-offs of uncollectible accounts were $1,900. What was the amount of cash collected from accounts receivable? What amount of uncollectible accounts expense was reported on the income statement? What was the net realizable value of receivables at the end of the accounting period?
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