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4. Identify and discuss the four primary activities of effective cash management. 5. Quick Market reports the following analysis of potential losses in its accounts
4. Identify and discuss the four primary activities of effective cash management. 5. Quick Market reports the following analysis of potential losses in its accounts receivable: Age Past Due Balance Receivable Estimated Loss (%) 0-30 days past due $22,400 0.5% 31-60 days past due 9,800 1.8% 61-90 days past due 6,100 4.3% Over three months past due 1,100 45.5% Total The balance of Allowance for Doubtful Accounts is $200 on December 31, 2019 prior to adjustments. $39,400 Required: a. Compute bad debt expense that will be recorded for 2019. Round your calculations to the nearest dollar. b. What is the net realizable value of accounts receivable to be reported on Quick Market's December 31, 2019 balance sheet
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