At the end of 2012 delong co has accounts receivable of

Reference no: EM13605860

At the end of 2012, Delong Co. has accounts receivable of $700,000 and an allowance for doubtful accounts of $54,000. On January 24, 2013, the company learns that its receivable from Ristau Inc. is not collectible, and management authorizes a write-off of $5,400.

Reference no: EM13605860

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