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calculate the receipts from account receivable for julydata for zyx in termd of credit sale...

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Accounting

calculate the receipts from account receivable for july
data for zyx in termd of credit sale for the month
april 168000
may 176000
june 186000
july 164000
august 165000
credit sale sales are normally settled according to
60percent in the month following sale
35 percent in the second month following sale
5 percent of account are never settled

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