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Business, 16.11.2019 04:31 sydc1215

Accounts receivable, bad debts, credit sales, and cash collections analysis at the beginning of the year, accounts receivable were $72,000 and the allowance for bad debts was $5,750. during the year, sales (all on account) were $300,000, cash collections were $290,000, bad debts expense totaled $7,100, and $6,000 of accounts receivable were written off as bad debts.

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