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Table 15.6 A Breakdown of Teffan, Inc.'s Outstanding Accounts Receivable Dated June

Question 10

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Table 15.6
A breakdown of Teffan, Inc.'s outstanding accounts receivable dated June 30, 2014 on the basis of the month in which the credit sale was initially made follows. The firm extends 30-day credit terms. Table 15.6 A breakdown of Teffan, Inc.'s outstanding accounts receivable dated June 30, 2014 on the basis of the month in which the credit sale was initially made follows. The firm extends 30-day credit terms.   -Accounts receivable over 90 days total ________. (See Table 15.6)  A)  $200,000 B)  $470,000 C)  $300,000 D)  $100,000
-Accounts receivable over 90 days total ________. (See Table 15.6)


A) $200,000
B) $470,000
C) $300,000
D) $100,000

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