Net credit sales during the year amounted to 8041000 the


Question - Nash's Trading Post, LLC had a balance in the Accounts Receivable account of $801000 at the beginning of the year and a balance of $901000 at the end of the year. Net credit sales during the year amounted to $8041000. The average collection period of the receivables in terms of days was.

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Accounting Basics: Net credit sales during the year amounted to 8041000 the
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