Question: I need the answer as soon as possible Jaswinder knows that his receivables at 1 January 20X1 were $27,000, and during the year he received

I need the answer as soon as possible I need the answer as soon as possible Jaswinder knows that his

Jaswinder knows that his receivables at 1 January 20X1 were $27,000, and during the year he received $140,000 in cheques from customers, after allowing $2,000 in cash discounts for prompt payment. He wrote off a bad debt of $5,000 during the year, and his closing receivables at 31 December 20X1 amount to $24,500. Calculate the value of his sales for the year

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