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You have been presented with the Following accounts receivable information from Besley Inc. Construct an aging schedule and calculate DSO and accounts receivable turnover for
You have been presented with the Following accounts receivable information from Besley Inc. Construct an aging schedule and calculate DSO and accounts receivable turnover for the 6-month period, using 180 days to calculate average daily credit sales. Besley, Inc., manufactures and sells wallboard for use in construction of modular homes. It sells on net 30 terms to contractors. Following are the last six months' sales and the accounts receivable balances at the end of June, the present (report) month
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