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On July 31, 2024, RCA concluded that a customers $4,200 receivable (created in 2023) was uncollectible and that the account should be written off. What

On July 31, 2024, RCA concluded that a customers $4,200 receivable (created in 2023) was uncollectible and that the account should be written off. What effect will this action have on RCAs 2024 profit? Explain your

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