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Bear in mind this is an MBA class for accounting.. Discuss please: After the accounts are adjusted at the end of the fiscal year, Accounts

Bear in mind this is an MBA class for accounting..

Discuss please:

After the accounts are adjusted at the end of the fiscal year, Accounts Receivable has a balance of $475,000 and Allowancefor Doubtful Accounts has a negativebalance of $46,800. Describe how Accounts Receivable and Allowance for DoubtfulAccounts are reported on the balance sheet.

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