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1 points At th end of its first year of operations, and before the adjusting entries at December 31, a company had a balance in

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1 points At th end of its first year of operations, and before the adjusting entries at December 31, a company had a balance in accounts receivable of $250,000. The adjustments included a $2.000 write off of an uncollectible account and recording bad debt expense of $3.500. What should the company report on its balance sheet at December 31, as net accounts receivable? A $246.500 B. $240,000 OC. $248,500 0.525.000

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