During the year, Bonita Industries made an entry to write off a $33300 uncollectible account. Before this entry was made, the balance in accounts receivable was $397000 and the balance in the allowance account was $33700. The accounts receivable amount expected to be collected after the write-off entry was
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Home » Business » During the year, Bonita Industries made an entry to write off a $33300 uncollectible account. Before this entry was made, the balance in accounts receivable was $397000 and the balance in the allowance account was $33700.