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Use the following to answer questions 2 8 - 2 9 : Accounts receivable Allowance Cash realizable value During 2 0 1 7 , sales
Use the following to answer questions :
Accounts receivable
Allowance
Cash realizable value
During sales on account were $ and collections on account were $ Also
during ; the company wrote off $ in uncollectible accounts. An analysis of outstanding
receivable accounts at year end indicated that bad debts should be estimated at $
The change in the cash realizable value from the balance at to
was a:
A $
B $
C $
D $
Bad debts expense for is:
A $
B $
C $
D $
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