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What is the accounts receivable balance at December

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PROBLEM - COMPUTING THE ACCOUNTS RECEIVABLE BALANCE

Banaba Co. reported the following information at the end of its first year * operations, December 31, 2007:

Bad debt expense for 2007 P169,000

Uncollectible accounts written off during 2007 47,600

Net realizable value of accounts receivable 994,200

Required - What is the accounts receivable balance at December 31, 2007?

Reference no: EM132749787

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