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Business, 29.11.2021 03:40 zitterkoph

Bond Company recorded bad debt expense of $35,000 and wrote off accounts receivable of $20,000 during the current year. The net effect of these two transactions on net income was a decrease of $55,000. a decrease of $35,000. a decrease of $20,000. no effect.

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Bond Company recorded bad debt expense of $35,000 and wrote off accounts receivable of $20,000 durin...
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