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A company year end balance in accounts receivable is 2,000,000. The allownance for uncollectible accounts had a beginning at $30,000. Accounts receibalbe at the end of year indicates allownace of $38,000. If bad debts expense for year $40,000, what wast the amount of bad debts written off during the year?

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Accounting Basics, Accounting

Category:- Accounting Basics
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