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At the close of its first year of operations, December 31, 2025, before year-end adjustments for bad debts Novak Company had accounts receivable, net of
At the close of its first year of operations, December 31, 2025, before year-end adjustments for bad debts Novak Company had
accounts receivable, net of $1520000, after deducting the related allowance for doubtful accounts. For year-end Bad Debt
adjustment, the company recorded bad debt expense of $320000 and wrote off as uncollectible accounts receivable of $220000.
After bad debt adjustments, what is the December 31, 2025 balance in accounts receivable net of the allowance?
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