What is the balance in accounts receivable at year-end

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Question: ABC Co. has an average collection period of 60 days. Total credit sales for the year were $3,000,000. What is the balance in accounts receivable at year-end?

Reference no: EM133379671

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What is the balance in accounts receivable at year-end : ABC Co. has an average collection period of 60 days. Total credit sales for the year were $3,000,000. What is the balance in accounts receivable at year-end

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