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At the end of 2025 . Sheridan Company has accounts receivable of $736,000 and an allowance for doubtful accounts of $36,800. On January 16, 2026,
At the end of 2025 . Sheridan Company has accounts receivable of $736,000 and an allowance for doubtful accounts of $36,800. On January 16, 2026, Sheridan Company determined that its receivable from Ramirez Company of $5,520 will not be collected, and management authorized its write-off. What is the net amount expected to be collected of Sheridan Company s accounts receivable after the write-off of the Ramirez receivable? Net amount expected to be collected
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