Kiln.com has requested that you prepare a partial balance sheet on December 31, 2021, from the following:

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Kiln.com has requested that you prepare a partial balance sheet on December 31, 2021, from the following: Cash, $800; Petty Cash, $71; Accounts Receivable, $68,000; Bad Debts Expense, $49,000; Allowance for Doubtful Accounts, $12,000; Merchandise Inventory, $12,000.

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