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Use the T-Account Below, to Answer the Following Questions

Question 30

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Use the T-account below, to answer the following questions.
Use the T-account below, to answer the following questions. A. What journal entry is most likely represented by $ 3,600,400 in the T-account? What business event caused this? B. What journal entry is most likely represented by the $2,812,000 in the T-account? What business event caused this? C. What is the balance of Accounts Receivable on December 31? A. What journal entry is most likely represented by $ 3,600,400 in the T-account? What business event caused this?
B. What journal entry is most likely represented by the $2,812,000 in the T-account? What business event caused this?
C. What is the balance of Accounts Receivable on December 31?

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A. 4/1 Accounts receivable 3,600,400
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