School Supplies Company made the following journal entries (1) to write off an account judged to be uncollectible and (2) to record bad debt expense for 20A: As a result of the first entry only,the book value (net realizable value) of trade receivables was (a) ; as a result of the second entry only,the book value (net realizable value) of tradereceivable was (b) :
A) Choice A
B) Choice B
C) Choice C
D) Choice D
Correct Answer:
Verified
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