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Business, 10.05.2021 20:50 carls7853

M Company has the following information available before recording the adjustment at the end of the year: Accounts Receivable $900,000 Allowance for doubtful accounts per books before adjustment $40,000 credit Bad Debt Expense calculated using percentage of receivables method $15,000 The cash (net) realizable value of the accounts receivable at the end of the year after adjustment is

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