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24. Belloq Antiques, Inc. has the following accounts receivable aging as of year-end: The balance at the beginning of the year in the allowance account

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24. Belloq Antiques, Inc. has the following accounts receivable aging as of year-end: The balance at the beginning of the year in the allowance account was a credit of $12,000 1. How much will Belloq report as bad debt expense for the year? 2. How much is the net realizable value of Belloq's receivables at year end

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