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At the end of 2024, Blatent Company's balance for Accounts Receivable is $30,000, while the company's total assets equal $1,600,000. In addition, the company expects

At the end of 2024, Blatent Company's balance for Accounts Receivable is $30,000, while the company's total assets equal $1,600,000. In addition, the company expects to collect all of its receivables in 2025. In 2025, however, one customer owing $7,000 becomes a bad debt on March 14

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