Question
4 Williamson Distributors separates its accounts receivable into three age groups for purposes of estimating the percentage of uncollectible accounts. 1. Accounts not yet
4 Williamson Distributors separates its accounts receivable into three age groups for purposes of estimating the percentage of uncollectible accounts. 1. Accounts not yet due = $30,000; estimated uncollectible = 5%. 0.52 points 2. Accounts 1-30 days past due = $10,000; estimated uncollectible = 20%. eBook 3. Accounts more than 30 days past due = $4,000; estimated uncollectible = 30%. Compute the total estimated uncollectible accounts. Age Group Not yet due Print References 1-30 days past due More than 30 days past due Total Estimated Amount Uncollectible
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