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Business, 24.03.2021 16:50 lifeoflashay1659

During 2021, Oriole Company, which uses the allowance method of accounting for doubtful accounts, recorded bad debt expense of $52000 and in addition it wrote off, as uncollectible, accounts receivable of $9300. As a result of these transactions, net cash flows from operating activities would be calculated (indirect method) by adjusting net income with a:

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