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Cachet Co. has the following information: Adjusted balance in Allowance for Doubtful Accounts $ 3,000 Bad debts estimated for the current year 8,000 Unadjusted credit
Cachet Co. has the following information:
Adjusted balance in Allowance for Doubtful Accounts $ 3,000
Bad debts estimated for the current year 8,000
Unadjusted credit balance in Allowance for Doubtful Accounts 4,000
No recoveries were recorded during the year. What was the amount of accounts written off during the year?
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Modern Auditing
Authors: William C. Boynton, Walter G. Kell, Raymond N. Johnson, Dr William Boynton
7th Edition
047118909X, 978-0471189091
