Question: Chicago Corporation, which uses the allowance method, has accounts receivable of $25,400 and an allowance for uncollectible accounts of $4,900. An account receivable from Tom

Chicago Corporation, which uses the allowance method, has accounts receivable of $25,400 and an allowance for uncollectible accounts of $4,900. An account receivable from Tom Novak of $2,200 is deemed to be uncollectible and is written off. What is the amount of net accounts receivable before and after the write-off?

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