Dunford Company's beginning and ending accounts receivable balances are $92,000 and $86,000, respectively. The beginning...
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Accounting
Dunford Company's beginning and ending accounts receivable balances are $92,000 and $86,000, respectively. The beginning and ending allowance for doubtful accounts balances are $9,000 and $15,500. If Dunford estimated bad debt expense of $7,000 during the year and had total write-offs of $2,500, what is the value of the recoveries of previously written off accounts?
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