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Business, 18.01.2021 14:00 TerronRice

At the beginning of 2017, EZ Tech Company's Accounts Receivable balance was $125,000, and the balance in Allowance for Doubtful Accounts was $2,150. EZ Tech's sales in 2017 were $940,000, 80% of which were on credit. Collections on account during the year were $600,000. The company wrote off $4,000 of uncollectible accounts during the year. Required:
Identify and analyze the sales during 2017.

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At the beginning of 2017, EZ Tech Company's Accounts Receivable balance was $125,000, and the balanc...

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