ABC Co.has an average collection period of 60 days.Total credit sales for the year were $3,285,000.What is the balance in accounts receivable at year-end? (Use 365 days in a year.)

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The Answer of ABC Co.has an average collection period of 60 days.Total credit sales for the year were $3,285,000.What is the balance in accounts receivable at year-end? (Use 365 days in a year.)

ABC CoHas an Average Collection Period of 60 Days