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OpenStudy (lxelle):
During July, sales of $350,000 were made of which 20% were in cash. Credit customers paid $303,800 after deducting a 2% cash discount. How much did the trade receivables owe to the business at 31 July?
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OpenStudy (lxelle):
Trade receivables $46000 Provision for doubtful debts 5% $2,300
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