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at december 31st, 2018 wonder of the world travel has an accounts receivable balance of $89,000. allowance for uncollectible accounts has a credit balance of
at december 31st, 2018 wonder of the world travel has an accounts receivable balance of $89,000. allowance for uncollectible accounts has a credit balance of $820 before the year end adjustment. service revenue (all on account) for 2018 was $550,000. wonder of the world estimates that its uncollectible account expense for the year is 2% of service revenue
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