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the company ASD has receivables for $35,000. one of its customers has gone bankrupt, so the company has to write off its credit of $1600.
the company ASD has receivables for $35,000. one of its customers has gone bankrupt, so the company has to write off its credit of $1600. Moreover, a receivable for $3000 is considered doubtful and the company needs to take a collective provision for doubtful debts equal to 5% of receivables. The net receivables in the balance sheet are ...? Select one: a. 28,650 b. 30,400 c. 33,400 d. 28,880
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