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Determine the bad debt expense for year 2 based on the preceding facts. (hint: use the allowance for doubtful accounts t-account to solve for the missing value.) (enter your answers in thousands not in dollars.)2. working capital is defined as current assets minus current liabilities. would the working capital be affected by the write-off of an uncollectible account? 3. would the net income be affected by the $821,000 write-off during year 2?
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Determine the bad debt expense for year 2 based on the preceding facts. (hint: use the allowance fo...
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