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Business, 15.04.2020 00:36 kiwipitts9201

At the end of 2019, Bramble Corp. has accounts receivable of $740,200 and an allowance for doubtful accounts of $69,900. On January 24, 2020, the company learns that its receivable from Megan Gray is not collectible, and management authorizes a write-off of $6,400 Prepare the journal entry to record the write-off. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit What is the cash realizable value of the accounts receivable (1) before the write-off and (2) after the write-off?

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At the end of 2019, Bramble Corp. has accounts receivable of $740,200 and an allowance for doubtful...

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