he following data are taken from the financial statements of Sigmon Inc. Terms of all...

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Accounting

he following data are taken from the financial statements of Sigmon Inc. Terms of all sales are
2/10
,
n
/45
.
Line Item Description
20
Y
320
Y
220
Y
1
Accounts receivable, end of year $
705
,
000
$
640
,
000
$
575
,
000
Sales on account
5
,
614
,
5004
,
692
,
500

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