Question: Double West Suppliers ( DWS ) reported sales for the year of $ 3 6 0 , 0 0 0 , all on credit. The

Double West Suppliers (DWS) reported sales for the year of $360,000, all on credit. The average gross profit percentage was 40 percent on sales. Account balances follow:
\table[[,Beginning,Ending],[Accounts receivable (net),$51,000,$61,000
Double West Suppliers (DWS) reported sales for the year of $360,000,

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