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The following are the transactions from Blue Inc. concerning its allowance for doubtful accounts. ...

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Accounting

The following are the transactions from Blue Inc. concerning its allowance for doubtful accounts.

1. Writeoff of accounts receivable $4,750
2. Recovery of accounts previously written off 4,250
3. Accrual for bad debt expense

4,000

Assume these are the only transactions for the year.

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Prepare the reporting relating to above transactions on a partial statement of cash flows using the indirect method. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).) - Blue Inc. Statement of Cash Flows (Partial) $ Changes in non-cash working capital: Net increase v in cash

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