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What is the net accounts receivable balance at the end

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Question 1: A company gets started in Year One and makes credit sales of $200,000 each year as well as cash collections of $150,000. In addition, a total of $10,000 in bad accounts is written off each year. If 6 percent of sales are estimated to be uncollectible each year, what is the net accounts receivable balance at the end of Year Two?

Reference no: EM132483832

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