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Blaney Clothing Store had a balance

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Question;7.Blaney Clothing Store had a balance in the Accounts Receivable account of $437,500 at the beginning of the year and a balance of $500,000 at the end of the year. Net credit sales during the year amounted to $3,000,000. The average collection period of the receivables in terms of days was

 

Paper#49521 | Written in 18-Jul-2015

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