Using the following information: 12/31/19 $525,000 (40,000) $485,000 Accounts receivable Allowance Cash realizable value During 2020, sales on account were $145,000 and collections on account were $100,000. Also during 2020, the company wrote off $5,000 in uncollectible accounts. An analysis of outstanding receivable accounts at year end indicated that uncollectible accounts should be estimated at $45,000. 8 The changeibes deerease of kosemuch24lndicate whetherinerease ordeerease) 19. Assuming that total sales for 2020 amount to $2,250,000 with credit sales of $1,800,000, what is the average collection period for the year? the belance a onincrease

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What does the QuickBooks Online Check Register do?