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What sales based on the data is

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The December 31, 2019 Statement of Financial Position of B Company shows Accounts Receivable of ?50,270. During 2020, accounts were written off in the amount of ?6,200. An account of ?4,200 written off in 2019, was collected and recorded as a regular collection of the accounts receivables in 2020.

Unpaid sales slips show that the customers owed ?64,320 as of December 31, 2020. Sales returns from charge sales during the year amounted to ?750. Also during the year, the company received ?584,190 from customers after ?3,630 discounts.

Question 1: Sales for 2020 based on the above data is

Reference no: EM132573100

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