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AN ALLLWANCE METHOD: AGING OF ACCOUNTS RECETVABLE IB Corpontion uses an aging method to determine the allowance for uncollectibles. Additiseal information follows. Burrent aoc Accounts

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AN ALLLWANCE METHOD: AGING OF ACCOUNTS RECETVABLE IB Corpontion uses an aging method to determine the allowance for uncollectibles. Additiseal information follows. Burrent aoc Accounts 3160 drys old Aecounts 61120 days old Accounts over 120 digs The beginaiag of year balasce in the allowance account was 5444,456 . During the year specifi accounts totaling 5296,304 were weititen aff as definitively eot able to be collected. Uie the pick lists within the joumal enery atea to select the appropriale wocounts to debit and credit for 205 related to the wrise off of acocunts. Eeter the appropriais amout within the bouted area ia the dobit colume. Correst responses will tum gren. Use the pick liss within the journal entry area 10 select the appropriate aceouals to debit and credit for 20x5 relaied to the updatieg of the allowance accourt help quenices below the journal entry. If you seod talp detemnining dhe amosts for lle above joumal entry, work theoeqh the follinuing bints? What does the sging reveal as the correct eading balase for the allowance accoumt Did yeu got tor abeve queision box to tum geent Aswenas " No" provides a hint. AN ALLLWANCE METHOD: AGING OF ACCOUNTS RECETVABLE IB Corpontion uses an aging method to determine the allowance for uncollectibles. Additiseal information follows. Burrent aoc Accounts 3160 drys old Aecounts 61120 days old Accounts over 120 digs The beginaiag of year balasce in the allowance account was 5444,456 . During the year specifi accounts totaling 5296,304 were weititen aff as definitively eot able to be collected. Uie the pick lists within the joumal enery atea to select the appropriale wocounts to debit and credit for 205 related to the wrise off of acocunts. Eeter the appropriais amout within the bouted area ia the dobit colume. Correst responses will tum gren. Use the pick liss within the journal entry area 10 select the appropriate aceouals to debit and credit for 20x5 relaied to the updatieg of the allowance accourt help quenices below the journal entry. If you seod talp detemnining dhe amosts for lle above joumal entry, work theoeqh the follinuing bints? What does the sging reveal as the correct eading balase for the allowance accoumt Did yeu got tor abeve queision box to tum geent Aswenas " No" provides a hint

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