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How Accounts Allowance for Doubtful Accounts reported

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Reference no: EM133044519

Question - After the accounts are adjusted at the end of the fiscal year, Accounts Receivable has a balance of $475,000 and Allowance for Doubtful Accounts has a negative balance of $46,800. Describe how Accounts Receivable and Allowance for Doubtful Accounts are reported on the balance sheet.

Reference no: EM133044519

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