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During the year, Coronado Industries made an entry to write off a $32300 uncollectible account. Before this entry was made, the balance in accounts receivable
During the year, Coronado Industries made an entry to write off a $32300 uncollectible account. Before this entry was made, the balance in accounts receivable was $403000 and the balance in the allowance account was $37300. The accounts receivable amount expected to be collected after the write-off entry was
$365700.
$333400.
$398000.
$403000.
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