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A company has the following balances on December 31, 2021, after year-end adjustments: Accounts Receivable...

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Accounting

A company has the following balances on December 31, 2021, after year-end adjustments: Accounts Receivable = $70,000; Service Revenue = $440,000; Allowance for Uncollectible Accounts = $5,000; Cash = $26,000.

Calculate net accounts receivable.

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