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As of 1/1/2019, Cassandra plc has an Allowance for Doubtful Accounts balance of $22,000. During 2019, Cassandra writes off specific accounts receivable worth a total
As of 1/1/2019, Cassandra plc has an Allowance for Doubtful Accounts balance of $22,000. During 2019, Cassandra writes off specific accounts receivable worth a total of $19,000. At the end of the year, Cassandra records Bad Debt Expense of $25,000. What will be the balance of Cassandras Allowance for Doubtful Accounts as of 12/31/2019?
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