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Age of Accounts as of June 30,2025 Wonder Wilderness Company has experienced rapid growth in its first few months of operations and has had a

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Age of Accounts as of June 30,2025 Wonder Wilderness Company has experienced rapid growth in its first few months of operations and has had a signific are asking for credit terms. Amy and Zeus Wilson, stockholders and company managers, have decided it is time to revie to make decisions about handling accounts receivable. So far, year to date credit sales have been $20,000. A review of (Click the icon to view the aging schedule) Read the requirements Requirement 1. The company wants to use the allowance method to estimate bad debts. Assume a zero beginning balance a. Determine the estimated bad debts expense under the percent-of-sales methods at June 30,2025 . Assume that 6.5% of c b. Determine the estimated bad debts expense under the percent-of-receivables methods at June 30,2025 Assume that 22% o c. Determine the estimated bad debts expense under the aging-of-receivables methods at June 30, 2025. Assume that 20\% of invo invoices 6190 days, and 50% of invoices over 90 days. (Round intermediary computations and your final answer to the nearest doll Age of Accounts as of June 30,2025 Wonder Wilderness Company has experienced rapid growth in its first few months of operations and has had a signific are asking for credit terms. Amy and Zeus Wilson, stockholders and company managers, have decided it is time to revie to make decisions about handling accounts receivable. So far, year to date credit sales have been $20,000. A review of (Click the icon to view the aging schedule) Read the requirements Requirement 1. The company wants to use the allowance method to estimate bad debts. Assume a zero beginning balance a. Determine the estimated bad debts expense under the percent-of-sales methods at June 30,2025 . Assume that 6.5% of c b. Determine the estimated bad debts expense under the percent-of-receivables methods at June 30,2025 Assume that 22% o c. Determine the estimated bad debts expense under the aging-of-receivables methods at June 30, 2025. Assume that 20\% of invo invoices 6190 days, and 50% of invoices over 90 days. (Round intermediary computations and your final answer to the nearest doll

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