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3. Aging Schedule. Nimh Company uses the aging method to estimate uncollectible accounts for the allowance method. Nimh ended the year with a balance of

3. Aging Schedule. Nimh Company uses the aging method to estimate uncollectible accounts for the allowance method. Nimh ended the year with a balance of $400,000 in its Accounts Receivable account and a $16,200 credit balance in its Allowance for Doubtful Accounts. a. Complete the following aging schedule:

image text in transcribed b. Prepare the year-end adjusting journal entry to record the estimated uncollectibles.

c. Draw a T-Account for the Allowance for Doubtful Accounts, post the beginning balance and adjustment. Total the account.

d. Compute Net Accounts Receivable =

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