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After examination of the records of Edit Company, you determined the following year-end amounts:
Uncollectible accounts written oil in
previous year and then recovered
this year
Your examination of the records of the company ndicates that uncollectible accounts expense recorded during 2016 was P48,000.
Required
What is the amount of the accounts receivable actually written off during 2016?
Beginning work in process, January 1, was 80 percent of ending work in process, December 31. Prepare a formal statement of goods manufactured for the year ended December 31, 19x9.
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