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Business, 01.07.2019 17:20 ewoolbright

At the end of 2016, skysong, inc. has accounts receivable of $768,300 and an allowance for doubtful accounts of $26,300. on january 24, 2017, it is learned that the company’s receivable from madonna inc. is not collectible and therefore management authorizes a write-off of $4,480. (a) prepare the journal entry to record the write-off.

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