Do think figure is net of an allowance for bad debts

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Question 1: Now, take a look at Doctors Smith and Brown's Balance Sheet, in it Patient Accounts Receivable is stated as $40,000. Do you think this figure is net of an Allowance for Bad Debts?

Reference no: EM132646159

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Do think figure is net of an allowance for bad debts : Doctors Smith and Brown's Balance Sheet, in it Patient Accounts Receivable is stated as $40,000. Do you think this figure is net of an Allowance for Bad Debts?
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