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Business, 30.10.2021 01:30 Rachaeltice8810
For its first year of operations, a company reported total credit sales of $1,120,000. Cash sales for the period were $500,000. The Accounts receivable balance at year end was $190,000. The bad debts are estimated to equal to 1.5% of credit sales. What is the net realizable value of the accounts receivable at the end of the year
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For its first year of operations, a company reported total credit sales of $1,120,000. Cash sales fo...
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