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The Following Information Is for the Month of January Find the Ending Accounts Receivable for January

question 80

Multiple Choice

The following information is for the month of January.  (I.)   Beginning accounts receivable =$40 million  (II)   Sales for January =$160 million  (III)   Collection for January =$145 million \begin{array} { | l | l | c | } \hline \text { (I.) } & \text { Beginning accounts receivable } & = \$ 40 \text { million } \\\hline \text { (II) } & \text { Sales for January } & = \$ 160 \text { million } \\\hline \text { (III) } & \text { Collection for January } & = \$ 145 \text { million } \\\hline\end{array} Find the ending accounts receivable for January.


Definitions:

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The unlawful restraint of a person's freedom of movement, without legal authority or justification.

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Psychological suffering or distress inflicted upon a person due to another's actions, often a factor in personal injury lawsuits.

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A legal order issued by a court or government authority demanding the halting of specified activities.

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