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with solution D Question 55 Seiko Corporation has the following account balance: Particulars Accounts receivable Net Realizable Value 12-31- 2021 12-31-2020 5,250,000 4,800,000 5,100,000 4,725,000

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D Question 55 Seiko Corporation has the following account balance: Particulars Accounts receivable Net Realizable Value 12-31- 2021 12-31-2020 5,250,000 4,800,000 5,100,000 4,725,000 2 pts During the year, Seiko wrote off customers' accounts totaling P160,000 and collected P40,00 on accounts written off in previous years. O P125,000 and P100,000 O P100,000 and P125,000 O P75,000 and P150,000 O P150,000 and P75,000 What is the balance of allowance for doubtful accounts for 2020 and 2021, respectively

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