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Question 31 5 pts Maddox Company had accounts receivable of $475,000 and an allowance for uncollectible accounts of $27,500 just prior to writing off as

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Question 31 5 pts Maddox Company had accounts receivable of $475,000 and an allowance for uncollectible accounts of $27,500 just prior to writing off as worthless an account receivable for Kipton Company of $3,500. Calculate the net realizable value of accounts receivable as shown by the accounting records after the write-off

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