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Sally's Dress Shop Has $5,800 in Accounts Receivable at December

Question 153

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Sally's Dress Shop has $5,800 in Accounts Receivable at December 31. The company's accountant estimates that $300 of the $5,800 will never be collected. Complete the current asset section of the balance sheet below.
Sally's Dress Shop has $5,800 in Accounts Receivable at December 31. The company's accountant estimates that $300 of the $5,800 will never be collected. Complete the current asset section of the balance sheet below.

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