Business, 30.10.2019 00:31 genyjoannerubiera

Sally is in the business of purchasing accounts receivable. last year sally purchased an account receivable with a face value of $80,000 for $60,000. during the current year, sally settled the account, receiving $65,000. determine the maximum amount of the bad debt deduction for sally for the current year.

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Sally is in the business of purchasing accounts receivable. last year sally purchased an account rec...