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Business, 23.04.2020 04:10 mckenna426
On December 31, 2021, Larry's Used Cars had balances in Accounts Receivable and Allowance for Uncollectible Accounts of $54,000 and $1,050, respectively. During 2022, Larry's wrote off $1,625 in accounts receivable and determined that there should be an allowance for uncollectible accounts of $5,700 at December 31, 2022. Bad debt expense for 2022 would be:
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On December 31, 2021, Larry's Used Cars had balances in Accounts Receivable and Allowance for Uncoll...
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