Star Corporation wrote off a $100 uncollectible account receivable against the $1,200 balance in its...
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Accounting
Star Corporation wrote off a $100 uncollectible account receivable against the $1,200 balance in its allowance account. Compare the current ratio before the write-off (X) with the current ratio after the write-off (y). A. X greater than Y. B. X equals Y. C. X less than Y. D. Cannot be determined. E. None of these.
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