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Business, 25.07.2020 21:01 daemonacoster

BBT Corporation reports accounts receivable at the beginning of the year of $89,500 and an allowance for uncollectible accounts of $7,200. At the end of the year, accounts receivable were $97,600 and the allowance for uncollectible accounts reflected a balance of $8,400. Credit sales for the year were $973,900. Credit terms are 2/10, n/30. Which statement is correct

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BBT Corporation reports accounts receivable at the beginning of the year of $89,500 and an allowance...

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