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Taylor, Inc. had accounts receivable of $275,000 and an allowance for doubtful accounts of $23,100 just before writing off as worthless an account receivable from
Taylor, Inc. had accounts receivable of $275,000 and an allowance for doubtful accounts of $23,100 just before writing off as worthless an account receivable from Burton Company of $1,600. The net realizable value of the accounts receivable before and after the write-off were: $251,900 before and $250,300 after. $251,900 before and $251,900 after. $275,000 before and $273,400 after. $298,100 before and $296,500 after
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