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View Policies Current Attempt in Progress Lebanon Ltd. prepared an aging of its accounts receivable at December 31, 2023 and determined that the net realizable

image text in transcribed View Policies Current Attempt in Progress Lebanon Ltd. prepared an aging of its accounts receivable at December 31, 2023 and determined that the net realizable va receivables was $290000. Additional information for calendar 2023 follows: Allowance for expected credit losses, beginning $34000 Uncollectible account written off during year 23000 Accounts receivable, ending 320000 Uncollectible accounts recovered during year 5000 For the year ended December 31, 2023, Lebanon's loss on impairment should be $20000. O $16000. $23000. $14000. eTextbook and Media

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