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At the end of 2 0 2 3 , Marx Corp. has accounts receivable of $ 4 8 1 , 8 0 0 and an

At the end of 2023, Marx Corp. has accounts receivable of $481,800 and an allpwance for expected credit losses of $31,600. On January 24,2024, Marx learns that its $10,300 receivable from Hutley Inc. is not collectible. Management authorizes a write-off.
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