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What were collections during the year

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Reference no: EM133012273

Problem 1: If beginning balance in accounts receivable was $400,000, the ending balancewas $455,000, and credit sales for the year were Sl,700,000, what were collections during the year?

A. $1,255,000

B. $1,300,000

C. $1,64 5,000

D. $1,755,000

E. $2,155,000

Reference no: EM133012273

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