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At the end of the current year (before adjusting entrion), Vacay Corporation had a balance of 592,000 in Accounts Receivable and a credit balance of

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At the end of the current year (before adjusting entrion), Vacay Corporation had a balance of 592,000 in Accounts Receivable and a credit balance of $14.000 in Allowance for Uncollectible Accounts Service revenue (all on credit) for the year totaled $470,000 Read the requirements Requirement 1. Using the percent-of-sales method, calculate the amount of Uncollectible-Account Expense if Vacay Corporation estimates its uncollectible-account expense using a rate of 2% of credit sales. What is the ending balance of the Allowance for Uncollectible Accounts under this scenario? Vacay Corporation has of uncollectible-account expense using the percent-of-sales method. The ending balance of the Allowance for Uncollectible Accounts is under this mornario

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