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Amazon company has accounts receivable totaling $850,000 and an Allowance for doubtful Accounts balance of $60,000. The company will have to write off an uncollectable
Amazon company has accounts receivable totaling $850,000 and an Allowance for doubtful Accounts balance of
$60,000. The company will have to write off an uncollectable receivable in the amount of $5,000.
Required:What will be the effect on bad debt expense of writing off this accounts receivable? Explain.
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