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A company has the following accounts receivable and estimates of uncollectible accounts: 1. Accounts not yet due = $67,000; estimated uncollectible = 5%. 2. Accounts
A company has the following accounts receivable and estimates of uncollectible accounts: 1. Accounts not yet due = $67,000; estimated uncollectible = 5%. 2. Accounts 1-30 days past due = $23,000; estimated uncollectible = 20%. 3. Accounts more than 30 days past due = $106,000; estimated uncollectible = 45%. Compute the total estimated uncollectible accounts. Estimated uncollectible accounts
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