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The following information is from the records of Chicago Photography: Accounts Receivable, December 31, 2019 $22.000 (debit) Allowance for Bad Debts, December 31. 2019 prior
The following information is from the records of Chicago Photography: Accounts Receivable, December 31, 2019 $22.000 (debit) Allowance for Bad Debts, December 31. 2019 prior to adjustment 800 (debit) Net credit sales for 2019 95,000 Accounts written off as uncollectible during 2019 450 Bad debts expense is estimated by the aging-of-receivables method Management estimates that $2,850 of accounts receivable will be uncollectible Calculate the amount of net accounts receivable after the adjustment for bad debts. $17.900 $19,150 $19.950 $18,350
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