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Catterbon Inc. produces the following aged receivables report at December 31, 20X6: The balance in the allowance for doubtful accounts was $20 on January 1,206.
Catterbon Inc. produces the following aged receivables report at December 31, 20X6: The balance in the allowance for doubtful accounts was $20 on January 1,206. During 206, the collections department recorded $10 in actual write-offs of accounts receivable. What is bad debt expense for the year ended December 31,206 ? Multiple Cholce 15 40 10 30 50
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