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The following account balances come from the records of King Company: During the accounting period, King recorded $21,000 of service revenue on account. The company
The following account balances come from the records of King Company: During the accounting period, King recorded $21,000 of service revenue on account. The company also wrote off a $180 account receivable. a. Determine the amount of cash collected from receivables. b. Determine the amount of uncollectible accounts expense recognized during the period
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