At the end of 2020, Blossom Co. has an allowance for doubtful accounts of $34,000....
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Accounting
At the end of 2020, Blossom Co. has an allowance for doubtful accounts of $34,000. On January 31, 2021, when it has accounts receivable of $590,000, Blossom Co. learns that its $6,400 receivable from Tokarik Inc. is not collectible. Management authorizes a write off. Collapse question part (a) Record the write off.
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