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20) Sam Company has sales on account with amounts de 1/30. The following accounts receivable are outstanding on December 31 of the current year 1.

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20) Sam Company has sales on account with amounts de 1/30. The following accounts receivable are outstanding on December 31 of the current year 1. Abbot Company, S5000, sold 35 days ago 2 Belt Company, S12.000 sold 121 days ago 3. Carson Company, 515.000 sold 95 days ago Dixon Company, 52.000 sold 41 days ago 5 Ernst Company, 54.000 sold 12 days ago 6. Forest company, 57.000 sold 71 days ago Assume the company uses the following aging of accounts receivable schedule to determine the amount of allowance for had debts. Use the estimated percentage uncollectible below and complete the table. What is the estimated total uncollectible Over 90 Total 1-30 Days 31-60 days 61-90 Days days Balance Company Estimated percentage uncollectible 23 209

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