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Oakwood Company had accounts receivable of $746,000 and an allowance for doubtful accounts of $27,200...

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Accounting

Oakwood Company had accounts receivable of $746,000 and an allowance for doubtful accounts of $27,200 just prior to writing off as worthless a customers $6,500 account receivable. The net realizable value of Oakwoods accounts receivable as shown by the accounting records before and after the write-off was as follows:

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