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on December 1, account receivables have a debit balance of $7000, and allowance for bad debts has a credit balance of $280. On December 31

on December 1, account receivables have a debit balance of $7000, and allowance for bad debts has a credit balance of $280. On December 31 the company determined it could not collect 65 from the charter company and wrote the allowance method What is the balance of AR on dec 31.

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