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Sanchez Inc

Question 61

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Sanchez Inc. sells to customers only on credit. For the year ended December 31, 2010, the following information is provided:
Sanchez Inc. sells to customers only on credit. For the year ended December 31, 2010, the following information is provided:    What is the balance of the Accounts Receivable account at December 31, 2010?  a. $1,525,000 b. $590,000 c. $205,000 d. $135,000 What is the balance of the Accounts Receivable account at December 31, 2010?
a. $1,525,000
b. $590,000
c. $205,000
d. $135,000

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$230,000 + $850,000 ...

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