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Over 90 days $23,000 85% 2. Calculate and prepare the adjusting entry for the company's bad debt expense as of 12/31/20 (using the new approach,

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Over 90 days $23,000 85% 2. Calculate and prepare the adjusting entry for the company's bad debt expense as of 12/31/20 (using the new approach, of aging the accounts receivable) 3. Using the new approach, what is the company's net realizable value of receivables

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