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How accounts receivable and allowance for doubtful accounts

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Reference no: EM132367972

Discussion Question:

After accounts are adjusted at the end of the fiscal year, Accounts Receivable has a balance of $475,000 and Allowance for Doubtful Accounts has a negative balance of $46,800.

Describe in a discussion form how Accounts Receivable and Allowance for Doubtful Accounts are reported on the balance sheet.

Reference no: EM132367972

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