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What was the balance of accounts receivable on january

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Company estimates that allowance for noncollectable accounts at 1% of the ending balance of accounts receivable. during 2016 the company's credit sales on collections were $112000 and $144000 respectively. What was the balance of accounts receivable on January 1 2016 if $130 in accounts receivable were written off during 2016 and if the allowance account had a balance of $990 on Dec 31, 2016.

Reference no: EM131796932

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