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A summary of London Fashion's December 3 1 , 2 0 2 4 , accounts receivable aging schedule is presented below along with the estimated
A summary of London Fashion's December accounts receivable aging schedule is presented below along with the estimated percent uncollectible for each age group:
Age Group Amount
days $
days $
days $
Over days $
The allowance for uncollectible accounts had a balance of $ at January During the year bad debts of $ were written off.
Prepare all journal entries with respect to bad debts and the allowance for uncollectible accounts.
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