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Panamerican Foods has the following information available for the current year: Net Sales $ 769,000 Bad Debt Expense 41,000 Accounts Receivable, Beginning of Year 139,000
Panamerican Foods has the following information available for the current year: Net Sales $ 769,000 Bad Debt Expense 41,000 Accounts Receivable, Beginning of Year 139,000 Accounts Receivable, End of Year 74,000 Allowance For Doubtful Accounts, Beginning of Year 61,000 Allowance For Doubtful Accounts, End of Year 81,000 What was the amount of write-offs during the year? Multiple Choice $21,000 $81,000 $0 $74,000 None of the other answers are correct.
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