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At the end of 2017, Ivanhoe Company has accounts receivable of $862,800and an allowance for...

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Accounting

At the end of 2017, Ivanhoe Company has accounts receivable of $862,800and an allowance for doubtful accounts of $42,100. On January 16, 2018, Ivanhoe Company determined that its receivable from Ramirez Company of $6,430will not be collected, and management authorized its write-off.

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