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During 2017 sales on account were $866000 and collections on account were $522000. also during 2017 the company wrote off $42500 in uncollectible accounts. an analysis of outstanding receivable accounts at year end indicated that bad debts should be estimated at $329000. the change in the cash realizable value from the balance at 12/31/16 to 12/31/17 was a
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During 2017 sales on account were $866000 and collections on account were $522000. also during 2017...
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