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Business, 02.06.2020 23:59 deshown

During 2022 Concord Corporation had sales on account of $596000, cash sales of $235000, and collections on account of $342000. In addition, they collected $9200 which had been written off as uncollectible in 2021. As a result of these transactions the change in the accounts receivable balance from the beginning of the year to the end of the year indicates a:

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During 2022 Concord Corporation had sales on account of $596000, cash sales of $235000, and collecti...

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