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Business, 12.03.2021 15:00 cpratt2558

At the close of its first year of operations, December 31, 2020, Swifty Corporation had accounts receivable of $1590000, after deducting the related allowance for doubtful accounts. During 2020, the company had charges to bad debt expense of $253000 and wrote off, as uncollectible, accounts receivable of $112000. What should the company report on its balance sheet at December 31, 2020, as accounts receivable before the allowance for doubtful accounts

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At the close of its first year of operations, December 31, 2020, Swifty Corporation had accounts rec...
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