Collinsworth Co. reported sales on an accrual basis of$100,000. If accounts receivable increased $30,000 and theallowance for doubtful accounts increased $9,000 after awrite-off of $2,000, compute cash sales.
Collinsworth Co. reported sales on an accrual basis of
$100,000. If accounts receivable increased $30,000 and the
allowance for doubtful accounts increased $9,000 after a
write-off of $2,000, compute cash sales.
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