Homework Answers
a.
| Account Titles and Explanation | Debit | Credit |
| Allowance for doubtful accounts | $4,513 | |
| Accounts Receivables | $4,513 |
b.
| Before write off | After write off | |
| Cash realizable value | (697200-22590) = $674,610 | $674,610 |
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at the end of 2021, Teal Mountain CO has accounts
receivable
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