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    Business
  3. Study Set
    Intermediate Accounting Study Set 1
  4. Exam
    Exam 4: Statements of Financial Position and Changes in Equity; Disclosure Notes
  5. Question
    On December 31,a Corporation Had a Working Capital Ratio of 2,and
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On December 31,a Corporation Had a Working Capital Ratio of 2,and

Question 124

Question 124

Multiple Choice

On December 31,a corporation had a working capital ratio of 2,and reported the following accounts. Therefore,the balance in the allowance for doubtful accounts was:


A) $600
B) $300
C) $200
D) $-0-

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