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The Accounts receivable account has a beginning balance of $70,000 and an ending balance of...

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Accounting

The Accounts receivable account has a beginning balance of $70,000 and an ending balance of $25,000. If $125,000 was sold on account during the year, what were the total cash collections on account?

$170,000. $195,000. $50,000. $100,000.

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