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SUMMARY PROBLEM B-1 Monarch Map Company's balance sheet at December 31, 2015, reported the following: Account Receivable $60,000 Less: Allowance for bad debts 2,000 Requirements

SUMMARY PROBLEM B-1 Monarch Map Company's balance sheet at December 31, 2015, reported the following: Account Receivable $60,000 Less: Allowance for bad debts 2,000 Requirements 1. How much of the rec...

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