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Assume that the company uses the aging of accounts receivable method. The following information was furnished by the credit manager for use in calculating the
Assume that the company uses the aging of accounts receivable method. The following information was furnished by the credit
manager for use in calculating the estimated loss from uncollectible accounts. The balances of accounts were computed prior to
the chargeoffs in item Compute the estimated uncollectible accounts as of December
Could someone please help and explain it to me with this question? I don't know why I got it wrong. Thank you!!
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