At the end of 2011, using aging of accounts receivable, LEX estimated that it needs...
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Accounting
At the end of 2011, using aging of accounts receivable, LEX estimated that it needs $5,000 in allowance for doubtful account. On February 19, 2012, LEX decided that $800 became uncollectible and should be written off. What should be the balance of allowance for doubtful account after the February 19 write off?
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