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During the year, Bonita Industries made an entry to write off a $ 33300 uncollectible account. Before this entry was made, the balance in accounts
During the year, Bonita Industries made an entry to write off a $33300 uncollectible account. Before this entry was made, the balance in accounts receivable was $397000 and the balance in the allowance account was $35500. The net realizable value of accounts receivable after the write-off entry was
$397000.
$394800.
$361500.
$328200
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