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1.On January 24, 2017, it is learned that the companys receivable from Madonna Inc. is not collectible and therefore management authorizes a write-off of $4,300.2.On
1.On January 24, 2017, it is learned that the companys receivable from Madonna Inc. is not collectible and therefore management authorizes a write-off of $4,300.2.On March 4, 2017, Safer Co. receives payment of $4,300 in full from Madonna Inc.
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