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Business, 16.11.2019 04:31 lizzyboo32

Hancock medical supply co., which had no beginning balance in its accounts receivable and allowance for doubtful accounts, earned $93,000 of revenue on account during 2016. during 2016, hancock collected $73,200 of cash from its receivables accounts. the company estimates that it will be unable to collect 1% of revenue on account. the amount of net realizable value of receivables on the december 31, 2016 balance sheet would be

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