Which uses the allowance method


Windy Corporation, which uses the allowance method, has accounts receivable of $50.800 and an allowance for uncollectible accounts of $9,800. An account receivable from Tom Novak of $4,400 is deemed to be uncollectible and is written off. What is the amount of net accounts receivable before and after the write-off?

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Accounting Basics: Which uses the allowance method
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