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The question reads: Windy Corporation, which uses the allowance method, has accounts receivable of $50.800 and an allowance for uncollectible accounts of $9,800. An account
The question reads: Windy Corporation, which uses the allowance method, has accounts receivable of $50.800 and an allowance for uncollectible accounts of $9,800. An account receivable from Tom Novak of $4,400 is deemed to be uncollectible and is written off. What is the amount of net accounts receivable before and after the write-off? Need help in creating the set-up for this
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