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Business, 13.12.2019 21:31 nolangriffin

2/31/2020: during 2020, $10,000 in accounts receivable were written off. at the end of the second year of operations, yolandi company had $1,000,000 in sales and accounts receivable of $400,000. xyz’s management has estimated that 1.5% of sales will be uncollectible. for the end of 2020, after the adjusting entry for bad debts was journalized, what is the balance in the following accounts: bad debt expense: allowance for doubtful accounts: for the end of 2020, what is the company's net realizable value?

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2/31/2020: during 2020, $10,000 in accounts receivable were written off. at the end of the second y...

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