Calculate the cash received by the issuing company:
Definitions:
Accounts Receivable
Funds that customers owe to a company for products or services that have been provided but not yet compensated for.
Allowance for Doubtful Accounts
A contra-asset account used to estimate the portion of a company's accounts receivable that may not be collectible.
Mutual Agency
A principle in partnership where each partner is both an agent and a principal to the partnership, authorized to bind the partnership in contracts and agreements.
Partnership Business
A business structure in which two or more individuals manage and operate a business in accordance with the terms and objectives set out in a Partnership Agreement.
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