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What is the expected recoverable amount of the accounts

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Question - At the end of the year, Mike Ltd has the following data shown in the financial statements: Accounts Receivable $50,000; Allowance for Doubtful Debts $2,000, Bad Debt Expense $3,000. What is the expected recoverable amount of the accounts receivable?

a. $50,000

b. $47,000

c. $45,000

d. $48,000

Reference no: EM132675781

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