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Business, 03.09.2021 01:00 erinloth123
SE THE FOLLOWING INFORMATION TO ANSWER THE NEXT (2) QUESTIONS: At December 31, 20x1, Shamrock, Inc. reported the following information on its balance sheet: Accounts Receivable $850,000 Allowance for Doubtful Accounts 46,750 (credit) During 20x2 the company recorded sales of $3,125,000, of which 80% were on account. They had cash collections of their accounts receivable of $2,400,000 and wrote off as uncollectible $52,100 of accounts. Determine the ending balance in the Accounts Receivables as of December 31, 20x2: $
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SE THE FOLLOWING INFORMATION TO ANSWER THE NEXT (2) QUESTIONS: At December 31, 20x1, Shamrock, Inc....
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