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Compute the ending balance of accounts receivable

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Question - Kerwick Company had accounts receivable of $144,000 on January 1, 2017. The only transactions that affected accounts receivable during 2017 were net credit sales of $1,385,200, cash collections of $1,297,800, and accounts written off of $30,000.

Compute the ending balance of accounts receivable.

Reference no: EM131714601

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